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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Nanda who wrote (12035)6/24/1998 6:28:00 AM
From: paul e thomas  Read Replies (1) of 13949
 
MARKET MOMENTUM COMMENTS
The market showed significant enough strength to trigger a reentry signal by the principal market timer I follow.On the other hand the Worden Brothers Analyst cautioned not to get carried away by a belief that Tech stocks are leading the way as the name technology stocks that have lead the market in the past do not have strong charts. The real leadership is generally associated with retail stocks.I was disappointed that despite reasonable breadth yesterday strength in Y2K stocks was spotty.
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