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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Angler who wrote (944)9/13/1998 11:09:00 PM
From: Julius Wong  Read Replies (1) | Respond to of 4916
 
Angler:

Last Friday the market reacted to Starr's report fairly well. If US
dollar moves lower, Japanese Yen higher, the market probably will
be in a trading range, 7450-8450.

If Greenspan lower interest rate, if money managers put money into
small cap stocks, if ... , the market will move up again. Too many
if's.

JUlius



To: Angler who wrote (944)9/15/1998 5:28:00 AM
From: Russ Motter  Read Replies (1) | Respond to of 4916
 
>"I don't think Pres. Clinton's problems are going to affect the market like Nixon's did."<
easy Angler...Starr may just be warming up with zippergate!? Most people have probably forgotten just how miserable a bear market can be. Waiting for those quarterly earnings ahead, just been fishin' since July. On the hook :AGX 35% off low and reelin' in as long as dollar slides and waitin' for S&P 500 to meet it's day of reckonin';ESX 30% off low, psychology on energy improving with crude off June lows and possible Fed cut making large cap oil dividends attractive. BTW the plan is Ice Fishin' for tech.~Russ