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Strategies & Market Trends : Classic TA Workplace
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To: Perspective who wrote (33819)3/9/2002 11:21:32 AM
From: patron_anejo_por_favor  Read Replies (3) of 209892
 
Nice sentiments, BC...I agree completely, although I *would* be surprised to see Dow 11K on the next up leg...signs of exhaustion are already setting in (like the failure of the rally to hold in the Dow yesterday). The Naz will run up more.

I think you've got the long-term view right. It's possible that Bush's sabre-rattling on trade protection may be the final straw that gets Europeans and Asians starting to move out of dollar denominated assets. Time will tell.
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