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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: hjz who wrote (119043)12/14/2000 1:34:37 PM
From: Dave Gore  Read Replies (2) | Respond to of 120523
 
I agree, but it would be a really positive surprise. With the market oversold anyway, IMO, it makes sense to shift a bit more to the long side tomorrow, even if we just get the expected neutral bias change, because a January Fed. cut will certainly be "talked up" if we don't get it this month.

I expect either a minor or major rally to be about 70% likely next week. However, just how strongly I go long depends on how much the Market drops from here prior to Monday (or like I said, prior to 9:50 am tomorrow) and of course any major unexpected news.

I am likely doing nothing today but I'll watch the 3:00 moves. I just don't expect much market movement today or even tomorrow though.