MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StockOperator who wrote (3072)	12/29/1998 7:43:00 PM
From: Stephen	Read Replies (2) of 99985

SO, I have believed that the market indices were going higher through year end because of window dressing by fund managers to disguise their relative poor performance. The bad breadth due, as I have also said, because of tax loss selling of small & mid-caps. The markets lack of fundamental strength was therefore understandable. However, once year-end has passed, with likely earnings warnings being announced and fund managers believeing they can probably buy the stocks back later at a cheaper price, I think there is a great chance of a sell-off/correction. JMHO Good luck all Stephen

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next