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


To: Tradelite who wrote (27828)6/16/2000 1:02:00 PM
From: Kanetsu  Read Replies (1) | Respond to of 57584
 
Today's action reflects your thoughts Tradelite, the Dow is getting killed on signs of a slow down, and the Naz is up on the easing of interest rate fears. I agree the semis and internet infrastructure stocks are overpriced, but they always seem to go a little bit further than you could imagine. Definitely looking toppy here though. I remember a lot of pundits predicting when the Naz move up started that we would rally for a month, it's been 3 weeks...

I'd prefer a stockpickers market, let the high fliers come down and the downtrodden perk up. That's how I'm positioned anyway.

How do the technicals look?