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Strategies & Market Trends : The New Economy and its Winners
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To: Proud_Infidel who wrote (16891)5/10/2003 5:47:32 PM
From: fedhead   of 57684
 
The market is at valuations that have usually been seen
at prior bull market tops. The sentiment picture is
pretty unfavourable, with expectations of the majority bieng that the economy is going to improve now that the
war is behind us. I would be surprised if we get much of
a rise with this backdrop. As for my guess that we take out the October lows, call it a hunch nothing more, nothing less. Anyone made the calculation of the market indices in terms of other currencies, since the dollar has pretty much crashed against other currencies how much would foreign investors invested in US markets be up since the October lows in terms of their own currencies.

Anindo
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