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Non-Tech : How will the market (DOW/NASDAQ) move and why? -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (6)5/11/1999 4:35:00 PM
From: GROUND ZERO™  Respond to of 18
 
The Feds have no clue.....

GZ



To: Brasco One who wrote (6)5/12/1999 6:57:00 AM
From: MIKFREE  Read Replies (1) | Respond to of 18
 
Great subject! I have bookmarked it, I hope it thrives, looks like it will be very useful. If i have any information or views on the market in general, i'll post them. Right now, I see a lot of stocks which have stochiastics back over 20 as of yesterday, which is what i have been following, and other technical buyers will be looking at this as well. IMO we will have another good day today. That is about the limit of my horizon at this point. I think the 18th may be a turning point, like you say. DELL is a major Naz stock, and it reports earnings on the 18th and if the Feds have their meeting on the 18th, one of these events may kill the rally, if only temporarily, depending upon the outcome of the events. Of course the Fed meeting is more significant than DELL's earnings, i just wanted to note the two events were on the same date. I hope this is of some help.
Cheers,
Mike