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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (28226)8/16/1999 1:04:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 50167
 
L3,

Lee, I'm still very bullish...but markets do swing irrationally...$NDK weak, @SPX below 1328...a test of 1308 -1312 possible...a buying opportunity for me... I don't believe CPI will matter much since I feel it will come in at an acceptable range...but I believe on the low end...fears and uncertainty may provide us w/ a buying dip....the economy is strong enough for a small amount of wage inflation...however, this quarters earnings are about finished...I'm looking for some sideways action ST until the market starts to look forward for good news....