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


To: Box-By-The-Riviera™ who wrote (55564)6/28/2000 9:52:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Maria says there's lots of stock to buy. That sounds like the bark I usually hear at open air markets from sellers.

Reversal of window-dressing in effect IMO. Buy the laggards which were sold off to cut losses at the end of quarter.

Japan Tankan Survey, BoJ ZIRP Decision

bondsonline.com



To: Box-By-The-Riviera™ who wrote (55564)6/28/2000 9:57:00 AM
From: pater tenebrarum  Respond to of 99985
 
Joel, a CNBC survey today indicated 75% of respondents are banking on a post FOMC rally. normally i'd take that as a contrary indicator, but we have had several phases in recent times where the herd was actually right about market direction.

anyway, i'm trying to be open-minded about it...i recently dipped into a few basic materials stocks as well, contrary to logical dictates...

regards,

hb