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To: Lucretius who wrote (17340)2/1/1999 9:43:00 AM
From: Copeland  Respond to of 86076
 
Here's something from Kevin Haggerty, former head of trading at Fidelity:

"Mission Accomplished January turned out to be a good month for the mutual funds, with many of them concentrated in the big tech issues that have outperformed the S&P 500 (which is up 4.1 percent year-to-date, and coincidentally, up 4.1 percent last week).

"Look for a continuation in the first couple days of February, but then be very cautious: historically, the market has experienced some sharp sell-offs in these periods."





To: Lucretius who wrote (17340)2/1/1999 9:44:00 AM
From: MythMan  Respond to of 86076
 
>>Oh, come on. 1998 was a bear unless you owned the S&P or Tech<<

I understand your point but those have become the market. Perception is reality and perception is bull market.

I've shorted too many rallies the last couple of months.. I'll watch...



To: Lucretius who wrote (17340)2/1/1999 10:33:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 86076
 
Luc reads his horoscope: unitedmedia.com

-ggg-