AR,
As I have stated in my last market advisory, and lack of worry about Asia, the Clinton Scandal, and Iraq, has boosted investor sentiment.
However, any one of these problem areas could pull the market down for the short term.
Regarding LCAV, I believe the stock is in a reactionary rally in which there will be sharp percentage moves both up and down, but short lived and with shorter swings as time goes by. All but my short term momentum indicators are in negative trends. This activity can be great for short term traders, but nerve racking for long term investors.
Harry |
