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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (47132)4/25/2000 9:58:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
I think that the GDP number is going to be lower than expected.

How do you think that will hit the market?



To: bobby beara who wrote (47132)4/25/2000 10:16:00 PM
From: set  Respond to of 94695
 
> continue to shock the market

monkeys. markets. every time I tune in to SI I
get shocked.

I had expected the NDX to get a bit higher on this
round. Maybe 3800 or so? I think it's possible
the nasdaq will run another day as the S&P flattens
out.

Even in a breakout situation the A/D is currently
overbought or very nearly so, so a short term high
tomorrow seems likely to me. If it consolidates only
briefly and A/D remains strong we may indeed have
a breakout situation.