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Strategies & Market Trends : Market Direction Predictions and BS guesses -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (17)5/17/2000 8:40:00 AM
From: Swami  Read Replies (2) | Respond to of 234
 
Look for everything to tank in summer...Gold will rise only for a short time and oil will go to $40..Techs will be trashed and then loved again..Fuel cell stocks will be hot..Look for Nasdaq to revisit 2600 this year and then ?(Sorry my crystal ball is getting cloudy and i forgot my prozac)



To: the Chief who wrote (17)5/17/2000 9:00:00 AM
From: SBerglowe  Read Replies (1) | Respond to of 234
 
Chief;
In looking at charts of major banks I am seeing a series of lower highs and lower lows...what appears to me to be a topping formation:
askresearch.com

However, I am looking at some beat up technology stocks and their charts, and I am seeing very oversold stocks that may have some life in them for a rally.
askresearch.com

Also, the biotech index held a support level....

putting together bits and pieces of information, I am led to believe that the bulls are still stronger than the bears. However, if the financials were to break significantly from here, I might become more bearish for the intermediate term.

Also, some of my astrology friends are calling for a low this week followed by a rally.

(* My name is Susan, and I don't really like being called Mr. Berglowe >gg *)



To: the Chief who wrote (17)5/17/2000 9:05:00 AM
From: SBerglowe  Read Replies (2) | Respond to of 234
 
(* the emperor has no clothes...but only you and I can see
that because I am using a cloaking device *)

Susan