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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (36939)2/1/1999 3:43:00 AM
From: Skeet Shipman  Read Replies (1) of 94695
 
Hi Bill,
I am not recommending fighting the tape. It is hard to argue when you, the market, and the economy are on a streak. So I'll just inform you I have an early warning slowdown signal for the US housing market. I don't even know if I believe it?
Of course, there are the Asian and South American recessions. And Europe maybe returning to its slowdown.
Technolgy is strong, but may appear quite different within six months as business capital spending subsides. The business models in communications and internet sectors are looking less profitable. IMHO
The consumer will be paying taxes. Those money market accounts may be dedicated for taxes and foreign currency hedges.
With the run up in stock prices this January, I find it difficult to say any sector is a buy.
Skeet

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