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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (16712)	6/30/2004 3:41:56 PM
From: Kirk ©	Respond to of 207832

"Your third chart illustrates how the fed funds rate rose from 94 to the stock market peak in 00. Rate declines paralleled the market sell off for the following 3+ years. " Exactly! I think we see the reverse and the markets now have been "correcting" if you owned the hot stocks of 2003 or just treading water as everything consolidates while waiting for rates to go up. For me, my top gainers in 2003 were CACS, UTEK and LRCX and they've all had SIGNIFICANT corrections in 2004. I wonder if wavc will explode tomorrow after it does da 1:10 split?