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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Trader X who wrote (11463)2/7/2001 11:31:12 PM
From: Michael Watkins  Respond to of 12039
 
It is interesting that its done relatively well. I watch the NYA index more than the INDU itself, but the conclusions are much the same.

Musing here, no TA, I've assumed that rotation would hold it up to a point; relative valuation; safety stocks and all that.

But if recession or worse lies ahead, the 'old' market will sink too.

At any rate this year should be 'interesting' and profitable for folks that are nimble.



To: Trader X who wrote (11463)2/8/2001 1:30:28 PM
From: Claud B  Read Replies (1) | Respond to of 12039
 
It's the recycling of money. Money comes out of the tech-
heavy NAZ and goes into the "stability" of the Dow.
That too, however, will end also....IMHO.

Claud


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