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


To: American Spirit who wrote (52937)6/2/2000 9:33:00 PM
From: Stcgg  Read Replies (2) | Respond to of 99985
 
Who Saw the Bottom?

Where is that bottom, here? or here? how about here?

siliconinvestor.com

-gg-



To: American Spirit who wrote (52937)6/2/2000 10:26:00 PM
From: Casaubon  Respond to of 99985
 
Last friday I missed my entry into the high tech growth fund by three minutes due to a web page error. I had to call in my fund transfer and could not get the end of day NAV. That cost me 8%! Anyway, I rode out the rest of the week for a 15.3% gain on the money I committed. This was my first attempt at timing my mutual fund in my 401K. It was a great success, and today I am again 100% in the conservative bond fund.

I want to thank all the people who contribute to this thread for the valuable information I have learned here. I want to especially thank LG for his outstanding charts and helpful comments regarding his expectations and market observations.



To: American Spirit who wrote (52937)6/2/2000 11:24:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 99985
 
AS, i wouldn't say we can already come to firm conclusions as to the Fed's probable moves. imo, if they now hold off on hiking, the economy and the market will re-accelerate right back into overheating mode, and they will be forced to hike even more later.

btw, for the Fed, the absolute level of the NAZ is irrelevant. however, i think they do worry about total market cap, i.e. the Wilshire 5,000 which more or less represents it. since the market is what is fanning the flames of credit demand and consumer spending, Greenspan can reiterate as many times as he wants that he's not targeting the market - he still is doing just that.

regards,

hb