Beware the market bear-trap - 500 Beiträge pro Seite

[Rinderwahnsinn]

Beware the market bear-trap
Dawn Patrol
April 19, 2000
by Thomas Coyle

Share prices in technology stocks could fall back on Wednesday in the wake of back-to-back single-day point records, particularly if that two-session spike was, as some believe, a "bear-trap" -- a rally before a sustained downward trend.

"I`m afraid we`re in for a major bear market," Michael Lehman, a professor of economics at the University of San Francisco, told UpsideToday. "The valuations are just too high. We saw the first real pain last week."


Although other market watchers think that investors are in the process of sorting out valuations in a sustained flight to quality, Lehmann sees more volatility in store, with "the downdrafts stronger than the updrafts."


Trade numbers: On Wednesday, the Department of Commerce will report on February`s trade balance. The market estimate is for an import-to-export shortfall of $28.5 billion, compared to a shortfall of $28.0 billion in February 1999. The trade report is widely watched for trends in the overall trade balance. The volatility in the monthly trade balance can play a role in forecasts of gross domestic product.

Quelle: http://www.upside.com/Dawn_Patrol/38fcda020_yahoo.html

[Rinderwahnsinn]

Da hatte Mr.Lehman wohl recht, auch wenn es zeitlich etwas später kam.

"Major bear market" - klingt bedrohlich, oder?