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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (20159)6/6/2000 6:22:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Paper and Lumber stocks are usually not a good summer bet, like most cyclicals. I bet that the sector turns up again in the fall.

AE....low volume? Sheesh DD, today was a busy day. LOL

Hard to predict the market these days on a daily basis. Stats released today confirmed the current mood that the economy is slowing, but profit taking hit when the data was released. Maybe market is waiting for PPI numbers this Friday. It's looking like no rate hike at this month's Fed meeting. Market is sure to rally as that gets factored in.

Sergio



To: Ditchdigger who wrote (20159)6/7/2000 11:06:00 AM
From: James Strauss  Read Replies (1) | Respond to of 29382
 
A good size institutional sell program could really move this market down in a heartbeat,IMO..

DD:

I think we're more likely to see a good size inst buy program than sell program in the near future... The FED is almost done, and the market knows it... The institutions won't want to be left behind when the market takes off...

Jim