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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: lee kramer who wrote (39339)5/11/1999 2:53:00 PM
From: Joe Hoek  Read Replies (1) of 120523
 
Lee,

I've been watching the bond rate also. Don't like it. 5.844 is too close to 5.9 which is way to close to 6.00. 6% could cause a selloff. I hope Jerry Favors is right and the correction will only be between 2-5% on the DOW, and he's thinking we'll see 14,000 on the DOW sometime this year. I have a hard time thinking 40% gain from the 10K mark which wasn't that long ago... Who's to say.
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