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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?


To: Londo who wrote (295)4/7/2003 2:49:53 PM
From: RockyBalboa  Read Replies (1) | Respond to of 666
 
True, Treasuries went steadily up, nasdaq never lived uo to its promises. The EUR was a piece of work, but still tradeable. Dow & nasdaq slowly losing its luster, drifting. I think it is water torture to them who buy into the elated prices. so they do have something to sell...

I'm already looking at cool 15 nasdaq points and some in the dow. Not much but this is money easily earned with manageable risk.

Talk about lunacy. CMNT announced to buy a SPW affiliate for 190Mil in cash and the investors vote with their feet. A broker questioned the deal as of the weak cash positions. CMNT dearly off to $5 from 7...I have so my theories with stock sinking despite a quite strong market.