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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Sweet Ol who wrote (11534)1/7/2002 9:55:46 PM
From: Warpfactor  Read Replies (2) | Respond to of 23153
 
JRH, Dabum:

S&P500 punched over its 200 DMA on Friday. What is your technical view on this?

To reiterate the views of Dons Hays, this is highly bullish in the near term. He guesses that the S&P500 will pick up most of its Y2K+2 gains within the next several weeks. Then the averages will oscillate for several months waiting for fundamentals to play catchup to the over-valued stock prices.

BTW, maybe I'm late to the HAL party. But I opted to pick up a position of HAL based on the work of the thread this weekend. In at 10.74.

Thanks to all,

Warp