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Technology Stocks : MSGI Marketing Services Group Inc. -- Ignore unavailable to you. Want to Upgrade?


To: FDHIII who wrote (1181)5/28/1999 12:24:00 PM
From: David in Ontario  Read Replies (1) | Respond to of 3418
 
Franz - I am now in pre-vacation mode - the market can look after itself. The latest News for MSGI on top of everything else that MSGI has on its side - just makes the stock look even more attractive.

That's the great thing about making very careful stock selections. Even though it requires more research - your chances of picking winners are substantially improved over jumping on every 'hot' stock of the day.

I really like what the broader market has done over the last couple of weeks - very healthy. Greenspan doesn't want to see the market get ahead of itself, nor for the economy to overheat. If the Dow were at 12k now you would be saying hello to an interest rate hike IMO. The underlying strength of the economy remains powerful and the increase in the market indices (Dow, S&P, Russell...) are being held up by more stocks - so the market upside is becoming broader. Cramer has termed this broadening of the advances in stocks that make up the indices as a NEW and second bull market.

Q. What would happen if the Dow went to zero? :)) [ That was a cartoon in the New Yorker a while back ]

David :)