Dot.coms bounce back...

**Azam.net** · 05-02-04

Just saw this chart and thought it might cheer somebody else up as well

**tshirtsuntan** · 05-02-04

ahh.....

but what does it mean?

**tomj** · 05-02-04

it means that over the last 12 months the NMS index has broken through every level of resistence during the last 12 months.

The underlying trend is up

so fill ya boots now cos we're all gonna be rich...rich i tell you

**tshirtsuntan** · 05-02-04

I'm happy with that.

It sounds good to me

**aotagain** · 05-02-04

If it gets much below 2000 there will be panic in the streets again...watch those trendlines...

**tomj** · 06-02-04

looks like a classic head and sholders shaping up there!

wait.....sod it......short the lot......dooom and glooom

it's all a random walk anyway!

**getvisible** · 06-02-04

lol - its half a head and shoulders!

with interest rates going up this shouldn't have an instant affect on the market as it was well expected and factored in the prices. However, even though it has been in hte press for a while I expect loads of people have been over streching themsleves so debt consolidation loans/services will do well.

I'd expect a moderate reduction in retails sales but it won't hurt until the rate gets to about 5%ish.

So what effect will their be on your affili strategy with rising interest rates?