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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?

To: Whipsaw who wrote (344)4/21/1998 6:16:00 AM
From: Pancho Villa  Respond to of 650
 
One thing that may be worth noticing is that investors may be starting to go back to tech stocks. That is where they see the value now that everything else is sky high. Therefore we may see money coming out of BFT.

Pancho



To: Whipsaw who wrote (344)4/21/1998 9:28:00 AM
From: CatLady  Read Replies (1) | Respond to of 650
 
Similar conclusion from my read. No decisive signal yet, but displaying more weakness than has been evident recently.

One indicator I like a lot is Williams %R, which just went negative, but not decisively so, similar situation to January, IMHO.

I would not be surprised to see flat trading for a while. But, then again, the market often surprises me <g>.

CL



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