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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Gabriel008 who wrote (106374)	3/3/1999 10:58:00 AM
From: JRI	Read Replies (3) \| Respond to of 176387

Kathy Jones of Prudential says bonds are now a "screaming buy"....bonds have moved, in her model, to the best buying opportunity since 1994....two standard deviations from the mean, which she placed around 5%... Additionally, John Bollinger says that due to the flat A/D line, and the reaction to the utilites index, bonds are a buy... February was the worst month for bonds in at least 5 years...Bonds were the primary reason for the severity of the tech-wreck correction... Greenspan wanted to jaw-bone the market down..rates up, and it reacted accordingly...there is still no inflation in the U.S., and the Fed can not raise rates because of all that is going on in the world, and Alan Greenspan realizes that real rates are historically at a high level.... IMO, like a snake, we are coiling here for a nice bounce...I have made the case that, by April 1st at the latest, we will see this rally...as Japanese money comes back into the bond market, and the U.S. government receives massive (tax) revenue inflows....totally reversing money flows (supply/demand) in the bond market the last couple months.. High P/E stocks, techs should benefit greatly from the money inflows...especially given their recent correction, "over-sold" condition, and some misinformation out there about the true state of PC sales... Also, there is a hoard of cash out there...over the last couple months, many analysts/managers have sold stocks (added cash), and according to Trimtabs, money inflows to these managers are still strong.......once the market breaks old highs on the Dow, S&P...many sideliners will come back in.... We should see a strong 2nd half March, April, and some May for techs and the overall market... It's not often that I make these short-term "predictions"...but I feel pretty confident about this scenario..