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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (9803)4/4/1999 6:32:00 PM
From: Magnatizer  Respond to of 99985
 
Thread

market magnets

Message 8698052

ht
david



To: Jeff Jordan who wrote (9803)4/4/1999 8:23:00 PM
From: Jack Luo  Read Replies (1) | Respond to of 99985
 
Jeff,

Thanks for the comment and links. I also saw the Reuters article about Lindsey's prediction from YHOO site and wondering what will be the market reaction on Monday. Nobody will probably pay attention to his comments. In this market, only Greenspan has the power to move the market, makes me wonder what will happen if he retires after Y2K election.

It looks more and more likely that the market will have a big rally on Monday. Chip makers could have a good day based on the following news:

dailynews.yahoo.com

Does anybody notice that several analysts jumped out recently either upgrading the highfliers or maintain their buy rating, particularly from JP Morgan and Morgan Stanley DW. The two most respected WS firms with the best tech analysts, ML and GS, are relatively quite.

As I said in my earlier posts, this coming week will be very interesting to watch.

Regards,

Jack