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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Mao II who wrote (34911)10/30/2000 10:43:29 AM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
In general I agree with your take, but I find the corporate bond action troubling, to say the least. And there is the Euro, which seems to want to continue down. The increased corp-treasury spread and strong dollar eat away at share prices and nerve endings for sure.

M2:

This is the week when mutual fund selling abates... The remaining economic numbers coming out this week should be on the downside... The Dow and S&P are turning up... The big techs are not for now... So, money will go where it's treated best (Dow & S&P)... The big techs are still bottoming... The Trin is in Bullish territory... finance.yahoo.com^STI.N&d=5d

If we don't see the NDX turn around soon, the rest of the market will be hard pressed to continue moving up...

Jim