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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Vitas who wrote (36822)6/7/2002 10:31:02 PM
From: Robert Scott  Read Replies (2) | Respond to of 52237
 
No - there is no breakdown. It would take higher interest rates and more inflation to cause my model to change signals. I believe most of what is going on is psychological though the Intel report does give me some pause - it may be Intel specific but it may not be as well. April was a weak month but the economic reports for production, orders and confidence bounced back in May - they're all at or slightly over or slightly under their multi-month peaks in March. This is what leads me to believe psychology is driving the market.