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To: KeepItSimple who wrote (30565)12/20/1998 3:40:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
ok, kis. enough suspense. what news?



To: KeepItSimple who wrote (30565)12/20/1998 3:44:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
The McCellan Oscillator is improving, there maybe a knee jerk reaction on Monday, but i think it'll be short lived. The Market should have good week.
The Ndx has been basically in a wide trading range since the high made in Jan. '97 to a bottom in Oct.'98. I think a good base has been established here long enough to support new highs. With 11,000 looming on the horizon, and no recession in '99( a slowing yes), earnings will be revised upward, i think there's an upside surprise to this. October was the bottom. I would buy the dips on large caps that keep making news highs. Merry Xmas!