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I think the interesting question is where the leadership for the next
move up will come from.
I believe some of the huge tech stocks that got ahead of themselves
(CSCO, ORCL) are not going to be the next leaders.
I am leaning toward biotech. Momentum money likes a good story, and it's
hard to beat a cure for cancer, or something similar, as an
attention-grabber.
I am also curious about money flows. All the bonuses and tax-related
incentives should be over. Where is new money going to come from? Is
money coming in?
International investors may start looking at the Euro-based markets here
as having found a base in the currency, and start looking for good
stocks in Europe.
Sorry, starting to babble
DanG
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