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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (50513)8/23/1998 11:57:00 AM
From: James Strauss  Read Replies (1) | Respond to of 58727
 
Donald:

Excellent market analysis...

The steady market breadth erosion as evidenced by the sinking Advance\Decline line and New Low to New High Ratios of 10 to 1 and greater, portend continued market weakness... Unless the FED reduces rates to make our exports more competitive overseas, we'll start to see our large multinationals suffer earnings erosions... That can have a snowballing effect that could lead us right into Recession... The Ball is in the FED's hands now...

Jim