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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Rudy who wrote (8621)11/17/1997 2:56:00 PM
From: WTMHouston  Read Replies (1) | Respond to of 13456
 
A couple interesting comments I ran across:

Analysts said that Wall Street should continue to move upward as the market heads into a seasonally strong period In the final weeks of the year.

"I think we are seeing some portfolio managers taking advantage of this strength to pair their positions in stocks that they are not fully comfortable with," said Charlie Crane, chief market strategist at Key Asset Management. "It is not too early to start thinking about year-end window dressing."

"I think (stocks) will at least test the all-time highs before Thanksgiving, so its a wise move to take some profits from bonds and put it back into equities," Bill Meehan, chief market analyst at Cantor Fitzgerald said.

Test all time highs before Thansgiving???? If only we are so lucky!

Troy