Forum Archive Index - October 1999

["Joe Spooner" <joespooner@hotmail.com>]

I believe the Dow will continue its rough ride until November - December or 
at least until the Bond rates stabilise in the US. There appears to be some 
excellent buys in the US. I have been looking at Lockheed Martin for some 
time. They are currently at a 12 month low 50% down from where they were 
this time last year.

I think Australia and perhaps NZ stock markets will benefit from the Dow at 
present. As investors get out of the Dow they will turn to markets like 
Australia and NZ. Stocks like resources in Australia and Telecom in NZ 
should continue to rise. These are my thoughts.

Regards

Joe Spooner


>From: "Brien C" <bc@wave.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] RE:The dow
>Date: Sat, 16 Oct 1999 22:30:37 +1300
>
>
>
>So, what does everyone think about the dow, are we in for a rough ride on
>Monday??  Do we rush to place sell orders or do we hold our breath.
>
>
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