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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Internet Jones who wrote (44097)	6/11/1999 9:30:00 AM
From: Lane Hall-Witt	Read Replies (1) \| Respond to of 120523

I think there's limited upside with CPI numbers on Wednesday and Greenspan on Thursday next week. The retail sales number is a red flag, too. I expect very good buying opportunities over the next three weeks, as the interest-rate story gives way to earnings. But I'll continue to be patient and will not yet try to anticipate the bottom too aggressively.

To: Internet Jones who wrote (44097)	6/11/1999 9:30:00 AM
From: Joe Hoek	Respond to of 120523

Good PPI numbers. Techs should rally. Unfortuneately the Retail numbers came in at 1.0 instead of 0.7 as forecast and this may through in a monkey wrench in the whole thing. Now everyone will start to worry about the CPI - so one more week of volatility (at least...) A technical analyst I respect is forecasting a rally in the bonds - just doesn't know what will trigger it or when. Gold prices are at 20 year lows, utilities are holding up and bearish sentiment in the bond market is at an all time high - he says none of this adds up to high intrest rates and recession and that a 1/4 point increase will actually be good for the market. So far so good at the stocks I'm looking at this morning...