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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Bernard Ng who wrote (8799)11/10/2000 11:46:39 AM
From: ChrisJP  Read Replies (1) | Respond to of 11130
 
Hi Bernard,

I sorta knew that BVEW was already approaching overbought be the time I mentioned it. I mean is was something like $5 just 3 weeks ago.

I also have to admit that I wasn't expecting political gridlock until after the election was decided ..... <sigh>. It's hard to believe that even when this mess is sorted out, we have to look forward to a 50/50 Senate.

Can't believe how badly the markets are taking it on top of earnings slowdown news. We are now at the point where the S&P 500 is back to where it was 18 MONTHS AGO -- almost like it was a better return to put the money into a CD.

Regards,
Chris