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

To: fut_trade who wrote (1563)11/29/1999 1:23:00 PM
From: marginmike  Read Replies (1) | Respond to of 19219
 
I think NASDAQ is outproforming the oldline industries because growth is there. I think people figure if the Interest rates go up and dollar goes down and growth remains solid the TECH's are the best bet. The companies like QCOM, NT LU, NOK have explosive growth, and Interest rates. They are also exporters. Do not forget the growth in US WILL slow in relative terms to Japan and Europe.



To: fut_trade who wrote (1563)11/29/1999 9:50:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
Peter, I know how you feel. I went Bullish two whole days and pulled the plug. Many are baffled right now..

Bond yields, Banks, and UTIL is telling me trouble lies directly ahead for equities.

Technology says otherwise.

When in doubt, get out.

Best Regards, J.T.


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