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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (38228)4/4/1998 11:34:00 PM
From: Alan Smithee  Read Replies (2) of 58727
 
I think the MKT goes higher from here.. how long have we been saying a correction??

Bonds are damn low, AG said no change, Asia is not impacting the DOW, and money
is flowing...

Tell me why the MKT corrects so soon? I say if a few of the rocks of the dow report bad, maybe, but until then, no way...


I'm with you on this one. I'm not going to sit out a huge rally waiting for a correction that may take some time to come. Inflation is in check, household incomes are up, and folks are spending money and funding IRA's prior to tax time.

I'm shifting assets to drugs and leisure (hmmmm. that almost sounds bad). I'm in COST, PFE and PRMA right now. No stinky tech stocks for me for right now.

Take care

David
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