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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Si_Detective who wrote (1228)8/23/2000 3:08:22 PM
From: fedhead  Respond to of 57684
 
Judging by the action of the financials I would say breakout.

Anindo



To: Si_Detective who wrote (1228)8/24/2000 12:37:20 AM
From: Mark Fowler  Read Replies (4) | Respond to of 57684
 
Mark, what's your view on the market now? NAZ has hard time to break the 4K mark, is this a consolidation
before a breakout or breakdown? <,

John market is fine i think it's a good time to scale in while we consolidate some here. Both new economy and Old economy stocks should perform well especially those that are transforming over to the web well. The market is broadening out so i'd stay diversified in high growth areas as economy slows going into next yr. Nas could realistically break over 5000 and onto 6000 by next summer, that's if the economy moves into a soft landing with continued high productivity and low inflation. Should see new highs on Dow and S&P 500.