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Strategies & Market Trends : From the Trading Desk

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To: LPS5 who wrote (4962)3/4/2003 2:00:17 PM
From: RockyBalboa  Read Replies (3) of 4969
 
Strategist blames weakness on technical factors
Steve Goldman, the chief market strategist at Weeden & Co., said that technical factors drove the action Tuesday. He added that he believes investors have already discounted a short war with Iraq, and that valuations are attractive.

When and if war breaks out, Goldman said he thinks stocks could rally following a pullback as part of an initial knee-jerk reaction.


LPs, has our host left yamner?
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