Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: re3 who wrote (36409)	1/2/2000 8:15:00 AM
From: bearshark	Read Replies (1) \| Respond to of 99985

I am waiting to see how trading goes in the first few days. However, if we have an initial selloff, I will be looking at cyclicals, oil service, and software companies that took a beating due to Y2K spending. Last year, the INDU had several false moves in January and early February before taking off for good around mid-February. By the end of January, I think we will be facing talks of a 50 point basis point move by the FOMC in early February. So that may affect the markets by the end of January. The first six weeks of 2000 may be a bit wild with several ups and downs. I am going to be careful and just watch the initial trading.