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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: sea_biscuit who wrote (17850)9/5/2001 10:59:55 PM
From: Lee Lichterman III  Read Replies (1) of 52237
 
There is good reason to think so but I have seen no signs of it thus far. Commodity prices haven't been climbing and I doubt we can start any guff with Iraq since the middle east is already a powder keg about to go off thus our hands are somewhat tied there. M3 has been dropping not rising so there are no signs of purposeful inflation yet.

I still don't think the economy is doing that bad.... yet. -ggg- Advance decline is rising for the first time in years, trannies are doing well, the R2K and MDY aren't doing that bad etc. As the big caps that were hoarded into by the Mo Mo crowd are being dumped, there is a lot of stealthy buying going on in other sectors.

Don't get me wrong, as I have said many times before, I still think most of the techs and Big Blue chips are grossly over valued, but I think there is a big market of buys out there now as long as you stay away from what the Funds were buying during the mania. BWDIK

Good Luck,

Lee
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