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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (23322)2/8/1999 11:25:00 AM
From: James Strauss  Read Replies (1) of 50167
 
Ike:

Very wise words:

""If everyone expects a correction it may not come the way we know it, the markets likes to move in direction of least resistance, a 'general consensus feeling' in a certain direction makes market move that much more difficult.""

The current market breadth is not so bad:
quote.yahoo.com

The McClellan Oscillator shows a series of rising lows:
decisionpoint.com

Add to this the current Ralph Acampora call of a 5 to 10% market correction, and I'm beginning to feel a little more bullish... : >

Some medical stocks like PLC, IFLO, and CCSI look good..

Jim
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