Reliable blue chips take a beating, but techs could be next

Article Abstract:

US stock investors in 2000 are discovering that being conservative by acquiring equity shares in large, stable and and prestigious firms is no longer safe. The value of these corporations' securities, more popularly known as blue chip stocks, has been plummeting at stock exchanges across the nation since the beginning of the year. Traditionally, blue chip stocks carry little risk of being dumped, yet the the opposite has been the norm since Jan 2000.

Financial analysis, Misc Stock Exchanges, Stock exchanges

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History predicts markets will rally

Article Abstract:

The markets are expected to rally before yearend 2000. Historically, rallies begin at this time of year. The markets' rebound on Oct 19, 2000, offered hope and encouragement to investors. The Nasdaq composite ggained 247 points, or 7.8% to 3419 which translates to 11.2% above its low for the year on Oct 12. Its rise was the third-biggest percentage jump. The Dow Jones industrials gained 1.7% to 10,143 while the Standard and Poor rose 3.5% to 1389.

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Hopes of hints at rate cut carry techs

Article Abstract:

Investors turned to technology stocks on Jan 24, 2001, as hints that Alan Greenspan would excite the market with hints of a rate cut on Jan 25. This has resulted in a rise in teh Nasdaq composite index which ended the session up 18.76 points to 2859.15, and puts the Nasdaq up 15.7% in 2001. Analysts predict strong gains in stocks such as Sun Microsystems, Microsoft, Lucent and Worldcom during the year.

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