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Dec
27 Hotline
(Dec
27, 1999) This
is the weekly market commentary that is a part of the service you receive when
you subscribe to Wall Street Winners, Courtney Smith's
stock letter. For more information click here: www.kci-com.com.
Market Commentary The
market moved to new highs as I have been suggesting for weeks. I look for the
market to continue strong for at least several more weeks before there is a significant
correction. I
look for further strength during the last week of the month as a bullish supply/demand
situation overwhelms all other considerations. Money will continue to flow into
equities but there is virtually no new supply of stocks. In addition, I look for
significant window dressing to boost the stocks that have been doing well over
the last quarter. The
correct strategy is to remain fully invested with a strong overweighting in technology
stocks. | |
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