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Strategies & Market Trends : Is a Market Correction Near?
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To: Ray Jensen who wrote (5)12/8/1996 11:12:00 PM
From: Matthew G Buetow   of 15
 
Ray, I agree with you 100% when you say that the world is partly responsibly for the continuing record-braking days in the market. I think countries like China for example are gearing up to buy tremendous amounts of American products and what not. It surprises me that when you think that the global economy is largely responsible for the upward market trends, why do you think there is going to be a correction? Wouldn't the market be correct already and in no need of a correction? That's my philosophy. I do think that there will be mild sell-offs for profit-taking for the end of the year, but I don't think it will be as drastic as 10%-15%. I just want to reiterate my agreement with you about the global economy. I really think that's a major part in this rise and it will be for the years to come. I think that we will move past Japan in the technology sector if we already haven't very soon. The Internet is the future and we have all the companies right here in America. Keep watching for big gains after January!
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