SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (16052)9/30/1998 11:00:00 AM
From: Judy  Read Replies (4) | Respond to of 42787
 
Avoid GPS

Message 5833001

A month or two ago I posted that the retail sector had hit a buying climax. Witness the charts of ANN, NOBE, TOM, LIZ ... and you get my drift.

The Fed lowered the rate by 1/4 point, with another 1/4 coming in Nov. Intermediate-term this means the Feds foresee some possibility of recession ... high-end retailers have reacted to this. The market is forward looking and is an efficient pricing engine. Listen to the market.