commodity trading, futures trading, commodities guide, traders, advice, advisors
commodity trading, futures trading, commodities guide, traders, advice, advisors commodity trading, futures trading, commodities guide, traders, advice, advisors commodity trading, futures trading, commodities guide, traders, advice, advisors
commodity trading, futures trading, commodities guide, traders, advice, advisors
commodity trading, futures trading, commodities guide, traders, advice, advisors
commodity trading, futures trading, commodities guide, traders, advice, advisors
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Jan. 3 Hotline (Jan. 3, 2000)

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 should continue higher in a choppy manner over the coming several weeks. The lack of any Y2K problems should give a boost to values as it reduces one of the main uncertainties for the market. The underlying fundamentals are very bullish and will lead to new highs throughout the year. Inflation is low, the economy is strong, earnings will grow.

However, the longer we go into the quarter, the greater the risk will be. My concerns are the current sharp rise in interest rates and the upcoming rise in Fed Funds. In addition, I look for Wall Street to realize that earnings will not grow so fast this year.

My scenario is to look for this to lead to a 10-20% correction in the market. That will be a very good buying opportunity because I think that the rest of the year will be excellent for equities.

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"A Comparison of Popular Trading Systems" was originally written to determine which ideas and strategies of published authors were profitable. The systems found in popular books usually were not rigorously tested for performance. This manual is a vehicle to test that performance. In its second edition, the analysis has been updated and expanded to include more ideas and new techniques. Order Now! Order Now!
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