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Strategies & Market Trends : Analysis Class for Beginners

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To: Arthur Tang who wrote (680)12/27/1997 10:13:00 AM
From: Arthur Tang  Read Replies (1) of 1471
 
3 more days of tax loss selling days. Oversold condition will bring January effect. Last chance to look at the dogs and see if the January effect will swept them up along with the rest of the good stocks?

The coming year will continue to have 401k and tax rebates to propel the Dow up to 10,000 (2000 from new money+8000-), before May 15. Asian business will improve with some hope of shrimp exports from Thailand. Japan and Korea, all had to merge and acquire their fallen angels. Supply side economy in both Japan and Korea will have to emphasize land development and job growth. This temporary fix will have a long term benefit, if continued. Thus, we do not expect Asian countries to effect our economy.
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