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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.66-0.1%Jan 16 4:00 PM EST

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To: HairBall who wrote (15740)6/3/1999 11:05:00 AM
From: American Spirit  Read Replies (2) of 99985
 
Cautiously BULLISH here. War looks to be ending. That will bring gas prices down a bit more. Inflations fears should diminish. No Fed move as a result. HUGE amount of cash on the sidelines. Growth stocks like AOL, PFE, MSFT, DELL (as examples) looking cheap here. Excellent computer sales reported today. Net spreading worldwide. Drug stocks look good longterm with aging population and international recovery. Less and less uncertainty will piece investor confidence back together after 5 weeks of deterioration and panic. I like stocks here for at least modest summer rally.
Comments anyone?
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