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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (40184)	2/13/2000 10:23:00 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 99985

bearshark, agree with your view that the INDU foresees an economic slowdown. we have an inverted yield curve (i know, 'meaningless'<gg>) and every economically sensitive stock i can think of is in decline. right now there seems to be a consensus that tech stocks are immune to economic cycles - i beg to differ. in a worst case scenario, where industrial input costs continue to accelerate while pricing power remains elusive, tech budgets get slashed as well. regards, hb