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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (9582)11/4/1998 8:50:00 AM
From: xbrent  Read Replies (1) of 25711
 
Should be a good day in markets overall, could be really big day,week and month. On the day after the election two years ago, the market did very well and kept on doing well. This time the election pretty much assured investors that Bill will not be impeached therefore political stability. Japanese market had big day yesterday, ongoing discussion of lower interest rates in Europe and the US. Looks like a big day to me. I think that the Dow is a little high but many stocks are well under the July high and they have lots of room to run on the upside.
For example, Merrill Lynch was $108 in July now MER is $62.
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