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To: pater tenebrarum who wrote (79477)12/14/1999 2:03:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
give it a few days -g-



To: pater tenebrarum who wrote (79477)12/14/1999 7:15:00 PM
From: re3  Read Replies (1) | Respond to of 86076
 
from todays goldminningoutlook.com
QUESTION: What do you think of today's stock market activity? ANSWER: The bearish key reversal in many major indices including the Nasdaq, combined with a record number of new lows on the NYSE, indicates that since investors are anticipating a year-end rally, they have bought stocks in anticipation of front-running it. ***The surprise is that there will be a year-end selloff instead, which is likely to extend into the new year contrary to the usual calendar pattern.*** There is likely to be a sector rotation into high-dividend and other out-of-favor shares, as today's action in utilities suggests. The recent high-flying internet and other high-tech shares are likely to suffer the steepest declines over the next several weeks.