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Re: [sharechat] NASDAQ - Has tide turned?


From: "Mark Hubbard" <mhubbard@es.co.nz>
Date: Wed, 31 May 2000 08:58:30 +1200




----- Original Message -----
From: Matthew Van Veen <mattvanveen@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: 31 May 2000 8:45 AM
Subject: [sharechat] NASDAQ - Has tide turned?


> NASDAQ finished up 7.9% which is its biggest rise ever. Dow also up. Very
> positive for our market today - have a good one.


Yes it was good, however, I'm not getting my hopes up. These increases were
on very light volumes, and also off no major economic news. If the economic
indicators due out in the US later this week do not show slowing growth,
then this could reverse itself pretty quick.

Although I for one certainly hope it does not.


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