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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (49820)1/2/2001 8:38:51 AM
From: Chip McVickar  Read Replies (2) of 94695
 
MOrning Bill,

That's an interesting chart, consumers are still at it, and most of the strong forks have been broken to the upside. IMO that that Index is going higher.

I fail to understand why so many are suggesting the economy is heading for recession. Slowing yes, but the choo choo train is still plowing through the winter snows, only slower.
Must be the republicans pushing on their humongous tax cut...It's a crock and inflationary...!

Anyway, I'm looking for a traders market with volatility and a lean towards the established down trend.

With AT&T in trouble, Kodak in trouble and Honeywell being gobbled up the DOW may get some new members this year.
Who would guess to move up...? Cisco...?
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