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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (65566)	1/2/2001 12:18:53 AM
From: Ibexx	Read Replies (1) \| Respond to of 99985

Gersh, Market - a rational market, that is - traditionally places more weight on earnings from operations (EFO) than investment income. Let's hope this will be the case. The dismal Q1 is a given. As long as the businesses can point to a trend reversal in the not distant future, I think market will respond positively. The big question is that, with FED's action rather unpredictable, even the leading tech companies may have problems in constructing future scenarios beyond the very, very imediate future. Ibexx