DJ; RE:" thin and listless "
>> I think the most likely short-term scenario is to bounce up to near ~5735 to ~5820 or so. ( Then it gets tough! )
>I second this opinion. However, not today... Thin, listless trading...
EuroWEBS down -1.5% today: Switzerland & Sweden the weakest overall; Spain & Italy now falling in sympathy with Germany & France; Belgium and Netherlands drifting down slightly.
Earnings coming out in Europe this month - keep us posted, professor.
Here in the empire, only things up (slightly) today on my watch list are drugz and retail - defensive stocks. Folks be waiting for the other shoe to drop? Airlines are up, but I tend to think that it's technical, from being over-sold, plus sympathy with yet more decline in crude oil prices. Financial stocks are particularly weak - Banks / Insurance / Brokers.
>I very much like the 2nd-tier/MDAX companies; however I have yet to see the catalyst that will bring them to the attention of the big money. Maybe I should play the sacrificial goat, renounce the "out-of-this-world-PE-devil" and sell my SAP leaps (g). Then maybe others would follow me into the PE-below-20 underworld...
Well that certainly is the bizz-buzz on the American teevee, DJ; but come on, man - do you think small caps are gonna go up without the bellwethers (?) or, do you think that they will go up more than the large-cap stocks ?
Anyhoo, my watch list looks like this...
OEX.X - S&P-100 Index
GE - Conglomerate
RLX.X - Retail Index
WMT - WalMart Stores
DRG.X - Drugz Index
WLA - Warner-Lambert
SGP - Schering-Plough
PFE - Pfizer
BMY - Bristol-Myers
BKX.X - Banking Index
CMB - Chase Manhattan
IUX.X - Insurance Index
AIG - American International Group
XBD.X - Broker-Dealer Index
MWD - Morgan Stanley
PWJ - PaineWeber
DLJ - Donaldson Lufkin
MER - Merril Lynch
NDX.X - Nasdaq-100 Index
CWX.X - Software Index
MSFT - Microsoft
SOX.X - Semiconductor Index
INTC - Intel
AMAT - Applied Materials
BMX.X - Box-Makers Index
DELL - Dell
IBM - BigBlue
DDX.X - DiskDrive Index
EMC - E.M.C.
NWX.X - Networking Index
LU - Lucent
CSCO - Cisco
INX.X - Internet Index
AOL - America OnLine
MSH.X - HighTech 35 Index
TWX - Time-Warner
SPX.X - S&P-500 Index
SPY - SPDR
-Steve |
