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


To: Trumptown who wrote (1579)12/13/1998 3:51:00 PM
From: James Strauss  Read Replies (1) | Respond to of 99985
 
SR:

If we get a quick one to two week drop into mid 7000 range it should be in time for the January Effect that chases those beaten down small caps after tax loss selling... Also, new 401k money should be hitting the market in January... So, if the drop is quick, the new monies will go into equities... If the drop is slow, the new monies will go into Bonds and Money Markets...

Jim