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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Iris Shih who wrote (19655)2/1/1999 8:12:00 AM
From: dppl  Read Replies (1) | Respond to of 70379
 
We're getting real overbot here and I'd expect a reversal maybe end of day today Monday or tomorrow PM. No major tank but a few days of profit taking.

Nonetheless, 10K should be in the cards pretty quickly after that.

5.2% GDP and low inflation - more than the splitsville phenomenon - have the bulls running and will keep them going as everyone revises next Q's earnings targets.

Thomas