Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: KymarFye who wrote (80959)	7/29/2001 2:00:50 PM
From: Mike M	Read Replies (1) \| Respond to of 99985

On its own it implies a Summer rally of only around 15% from current levels, still leaving the Nasdaq in the red for the year. To me, it still seems far too early to be talking about moves to the high 2000s or higher. Right you are. Of course once the rally begins in earnest the talk will inevitably get to discussion of how high can it go. Market strength in the 4th quarter may well be powered by the knowledge that year over year comparisons could, for the first time in quite a while, be attractive.