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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (1259)11/8/1999 5:41:00 PM
From: marginmike  Read Replies (1) | Respond to of 19219
 
I agree there will be a pause here, but all that pent up cash wants to get to work. Imagine all those year end BONUS's too. I think you are allowing your bias to get the best of you. The paper coming to market will stall us here, but by thanksgiving we push higher. The economy is slowing interest rates are sliping, the fed is NOT going to raise rates, and if they do everyone will say good their finnished!. In bull markets all negative news is ignored, which is exactly whats occuring. The Nasdaq is moving mothodically higher every day on HEAVY volume, I would like to see the DOW follow suit.



To: J.T. who wrote (1259)11/8/1999 5:50:00 PM
From: KyrosL  Read Replies (1) | Respond to of 19219
 
There is well over a trillion in money market funds. And there is the Y2K scare money that will flow to the US from abroad between now and year end.