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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (62323)5/6/2002 3:20:30 PM
From: Rock_nj  Respond to of 99280
 
The downtrend continues.... Not another week of this crap! :-(



To: Zeev Hed who wrote (62323)5/6/2002 3:22:33 PM
From: AD  Read Replies (1) | Respond to of 99280
 
serious question Zeev. Why , with the market having such a difficult time bouncing, don't you just do the QQQ's instead of racking up commission fees on a handful .



To: Zeev Hed who wrote (62323)5/6/2002 3:26:30 PM
From: t2  Respond to of 99280
 
Consumer stocks like PG, KO doing well as the weakness in US$ is a factor in their trading.
It seems multinationals with significant sales overseas may hold up OK here as long as the dollar stays weak...or even gets weaker.
That is what I am expecting after the FED announcment..dollar tanks; gold price to make more gains and some multinationals also gaining while treasuries sell off. Flight to quality trade may kick in..out of bonds and into certain stocks and other currencies including Gold.
US bonds and even money market funds in trouble due to the currency risk.

of course techs are in trouble..especially the high PE ones.



To: Zeev Hed who wrote (62323)5/6/2002 3:40:31 PM
From: jjstingray  Read Replies (1) | Respond to of 99280
 
Zeev, the tick still has not gotten that negative. Looks like we may have another couple days of this before the public figures out the market is tanking.