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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Lars who wrote (2675)1/5/1999 9:24:00 AM
From: Wally Mastroly  Read Replies (1) of 15132
 
How much is the economy slowing? & can the smallcap run continue?

usatoday.com

"..1/04/99- Updated 06:54 PM ET

Fed official's warning trims stock gains

NEW YORK - Blue-chip stocks erased substantial early gains to close
Monday's session slightly higher as investors, made nervous by a warning from a Federal Reserve official that the economy could not continue to grow at its current pace, sold their holdings to book profits.

Meanwhile, technology stocks carried their strong run into the new year, pushing the Nasdaq composite to its fourth record in five trading sessions..."

Russell 2000 - 5 day chart:

quote.yahoo.com^RUT&d=5d

Broke nicely above the 400-level. Will the breakout continue...?
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