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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: zx who wrote (24662)3/24/1999 1:07:00 PM
From: advinfo  Read Replies (1) | Respond to of 50167
 
CTAL reversing. There must have been some good news coming
out of the Van Kasper conference this morning. Nice bids,
big volume...



To: zx who wrote (24662)3/24/1999 1:08:00 PM
From: Judy  Read Replies (5) | Respond to of 50167
 
Nope, the market is not in danger of breakdown, ag.

The market remains in a trading range with sector rotation occurring on a quarterly basis it seems. Abby Cohen calmed the markets a bit, with her fundamental targets for the DOW to 10200 and the SPX to 1320. Not alot of upside and not alot of downside based on the macroeconomic context. I'd expect the market to continue to chop around ... providing good trading opportunities to those who remain focused and are willing to pull the trigger.

If you really feel so bearish ... don't spend too much time with the bears ... you'll end up seeing only what you want to see!