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


To: J.T. who wrote (2454)1/28/2000 10:58:00 AM
From: marginmike  Read Replies (1) | Respond to of 19219
 
OK for all you bears who couldnt stand that I was so bullish I am now alot bearish. Inventory numbers high, Growth peaked and now rates are coming down. Tech is in trouble, I excpect a lot of earnings warnings in march due to y2k Over supply. On the other hand I see rates coming back to arround 6%. IE dump tech buy the banks. The nifty 50 market could be ending here, but to many times they have risen from the ashes so i wouldnt write these stocks off. However there are alot of fluff in the market. We will find a bottom in Naz and trade sideways, whille I think The dow will fair much better. The much malighned banks should do better in here.