Stock Attack II - A Complete Analysis Message Board

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

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To: Softechie who wrote (48508)	4/6/2004 1:07:17 PM
From: Michael Watkins	Read Replies (1) of 52237

Interesting. I wonder if his bias (NY floor trader) is influencing his thinking? I really have no firm opinion on the long term market direction right now. Given that Nasdaq has already been severely beaten over the many years (which I did fully expect in 2000 and commented on frequently here), another halving does seem less likely to me right now. Besides, with rates rising Nasdaq can also rise for some time, as we have seen. Some other sectors might not fair so well. Bottom line I won't be over extending my stay in trades in either direction.

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