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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (27767)6/16/2000 12:40:00 PM
From: Tradelite  Read Replies (1) | Respond to of 57584
 
Getting concerned about market action...

Earnings warnings now coming out from regional banks are not a good sign.....these are the banks which make auto loans, home improvement loans, new-business loans and all the other things that keep the economy humming.

This slowdown might be worse than even Greenie wished for. High gasoline prices alone could slow things down without worrying about interest rates.

Also wary of the toppy look in some tech sectors, such as semis and internet infrastructure. Anything that goes up too much in this uncertain market just might fall like a ton of bricks.

Just rambling....would enjoy comments from others on where we are headed in this market.