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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: voodooist who wrote (804)12/7/1998 5:57:00 PM
From: Steve Swanson  Read Replies (1) | Respond to of 99985
 
Need Conformation...

I heard a rumor that the CEO of NAVR will be speaking this coming Wednesday Morning on Squawk Box. Can anybody confirm??



To: voodooist who wrote (804)12/7/1998 7:08:00 PM
From: Steve Yuan  Read Replies (1) | Respond to of 99985
 
Fred,

Your comments reminds me of the stock market before the first rate cut. At that time, one of my rule is that when semi-equipment stocks went up, it is time to sell stocks. That rule works fine for quite a while. Nowadays, semi is Wall Street darling now.

Let's see whether your steel stock indictor works.

Steve

P.S. Though I have sold some stocks today, my guess is that the market will go higher, at least temporarily.