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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Joey Two-Cents who wrote (10227)6/18/1998 12:28:00 AM
From: larry  Read Replies (1) of 18691
 
JTC,

RBD has answered most of your questions. I still predict a sharp rally in the summer to push DOW over 10 K. However, I also believe that the rally will be focused on big blue chips and the small and mid cap issues fail to participate the rally. We will have a correction this winter that sees the DOW having a 10-20% correction. Will the bull market continues early next year? Maybe.

To stop Wall Street bulls, you need to have a healthy Asia economy. Otherwise, people keep pouring the money into the US market and sending the DOW to astronamical number.

larry!
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