SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (23799)8/25/1999 3:39:00 PM
From: Fun-da-Mental#1  Read Replies (2) | Respond to of 99985
 
Rotation from value back to growth stocks indicates renewed optimism in the market today.

smartmoney.com

Fun-da-Mental



To: pater tenebrarum who wrote (23799)8/25/1999 4:39:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 99985
 
<this is the most powerful market coupled with the weakest internals i can remember...the money concentrates in fewer and fewer issues.
nevertheless the trend is clearly up.>

Yes, the market is overvalued, but by most measures the US economy remains very sound. Perhaps money is flowing into those sectors powering this strong economy higher, against the backdrop of general market overvaluation. That sector of course is technology, specifically the net and inet subsectors.