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

To: Sonny Blue who wrote (4044)	12/14/2000 11:05:17 PM
From: Mark Fowler	Respond to of 57684

Where is Uncle Greenspan? federalreserve.gov Friday 12-15's quarterly Triple Witching options and futures expiration probably explains the market weakness on Wednesday 12-13 and Thursday 12-14 since the stock market has tended to be weak prior to recent Triple Witching expirations. COMPX, NDX, SPX and NYA hit buy points on Tuesday 12-5 and will probably rally once Triple Witching and the FOMC (next Tuesday 12-19) are behind us. Volatility Index (VIX) of 28.28 as of 12-12 close indicates a high level of fear and that growth stocks are timely now. They are likely to far outperform value stocks (over the next few months) which benefitted as safe haven plays during election uncertainty. Short term traders: Yesterdays break on Ndx triggered a short down to first gap, next gap is down to approx. 2556. Maximum down appox. 2475. Where it catches is hard to say, anyone like to guess?