NEW Market Gems - Swing and Day Trades Message Board

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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: Jenna who wrote (525)	6/4/2001 1:03:10 PM
From: ColtonGang	Read Replies (1) of 1227

Ray Dirks, Ray Dirks & Co. There will be a strong summer rally (middle of July), pause, and then a year-end rally. The economy is actually in decent shape Expect another 50 bp cut from the Fed. Keep diversifying your portfolio, you can’t do this enough Retail, tobacco, some insurance, and tech stocks are good buys. Media stocks are also pretty attractive. Tobacco, some insurance, and financials will have increasing profits during this down swing. There will be some portfolio selling in June and October. Put money into the market fairly aggressively, especially after June 30.

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