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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (60697)11/3/2002 2:56:06 PM
From: Lucretius  Read Replies (1) | Respond to of 94695
 
certainly are a lot more bulls around now for one thing, and GZ is no longer calling for dow 5000... other than that.. not much i guess... but we'll still probably rally -g-



To: William H Huebl who wrote (60697)11/3/2002 3:51:08 PM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
I had started to wonder just what important economic informition that I had missed ..

I'm also wondering if the market could possibily move up far and fast enough to start getting j6p money back in the game ..

Friday late afternoon looked like fund flows just might go into the green. Then I saw the news about MSFT .. explained the late in the day run up. not fund flows yet .. some folks are still selling into this.

So then ,, not fund flows, then what??? from where??? Overseas? no .. dollar is falling suggesting flow out of the US markets .. might be some realocation from bonds to stocks .. bonds are moving lower ..

I would think that the falling dollar would cause more foreign investors in stocks to pull money out. This should overpower the move from bonds to stocks ..

Again .. where's the money ???

I'm thinking that it may be the brokerages working to get prices up ..

I wonder .. if the flame doesn't catch, how long they could keep fanning?

I'm not sure that anyone's buying yet .. (except Luc and GZ, that is <g>)