SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who started this subject6/7/2001 7:27:41 AM
From: t2  Read Replies (1) of 99985
 
Morgan Stanley ups US Q4 growth forecast to 2.5%

This economist has been negative and his scenario still calls for a 2 quarter negative GDP but I find significant is that he is predicting higher growth by year end--Q4.
In June, people are looking 6 months into the future when buying stocks...and in that time, even gloomy economist seem to be getting positive; it just creates more reasons for mutual funds to take a chance with technology. That is why I also feel the bearish chart patterns of the recent past won't be repeated.
Instead, the mutual funds will be taking advantage of the short leaning of traders to increase their positions significantly.

biz.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext