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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (36847)3/17/1998 10:55:00 AM
From: peter n matzke  Read Replies (1) of 58727
 
left for a while, but didn't get my trade...

stock moving averages are still positive but they are going up slower,
the slope of the line is decreasing,therefore the trend is still positive but weaker than last week or 5 weeks ago.

the interpretation of Buffets statements as bullish will carry forward for a while, bonds improving and the price of oil at a 12 yr (?) low, all bode well for rebounds on any selling pressure

hence, any attempt to sell off will be met with buyers
sector rotations will continue with some of the more defensive sectors picking up momentum, allowing the more cautious investors/mutual funds to stay fully invested

foreign capital inflows are positive, etc etc
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