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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Margaret Mateer who wrote (19055)1/31/1999 6:35:00 PM
From: Judy  Read Replies (1) of 42787
 
Hi, Peggy

Most people seem to expect the market to top next week, so let's see. CSCO earnings will be the last of the tech bellweathers, until DELL reports two weeks later. In between could be an opportune interval for the techs to take a breather and for the a/d to oscillate while the market continues to consolidate.

Goldman Sachs and Montgomery will be holding tech conferences next week, might be a case of topping and possibly sell on the news. After all, earnings and the good news is out and January window dressing is over.

And I agree with John Murphy.

Have a pleasant evening.
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