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Strategies & Market Trends : Coming Financial Collapse Moderated -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (821)6/14/2002 5:58:12 PM
From: Snowshoe  Read Replies (1) | Respond to of 974
 
Some currency options expired today. Equity and index options expire next week.



To: smolejv@gmx.net who wrote (821)6/15/2002 7:56:45 PM
From: marek_wojna  Respond to of 974
 
Cannot post the link.

<<<Three-Time Loser? Hope
Fades for U.S. Stocks

By ERIN SCHULTE
THE WALL STREET JOURNAL ONLINE

After vowing up and down that U.S. markets wouldn't suffer a three-year losing streak -- something that hasn't happened in a generation -- some Wall Street analysts are starting to bite their nails.

The first half of the year, usually the sweetest period for the market, is winding down. And right now, stocks are poised for a losing hat trick. Meanwhile, a wobbly economy, weak earnings and lousy investor sentiment are big obstacles to the recovery many thought was a certainty.

To that end, some analysts are softening their bullish stances, advising investors to reduce exposure to the U.S. stock market and put more money into bonds, cash or foreign equities.

"The earnings recovery is slower than anticipated," said Mark Keller, chairman of investment strategy at A.G. Edwards & Sons in St. Louis. "We take the view that valuations are not particularly cheap, and they are downright expensive in some parts of the market."