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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: KM who wrote (31682)10/28/1999 11:43:00 AM
From: donald sew  Respond to of 99985
 
KM,

The one concern that I have with the current upswing in the financials lasting is economic news. One bad report and it could be over and the BKX index could lose 100 points in 1-2 days.

The recent move in the financials have been explosive, reminds me of the DOT.COM days.

In the meantime, I will just watch for more and more confimations that money is moving out of the HiTECHs into the DOW/SPX/BKX/ETC.

seeya