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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (16038)6/27/1999 9:32:00 PM
From: Ken W  Read Replies (1) of 29382
 
Sergio,

"not sure which sectors offer shorting opps"

Any overbought cyclicals. The buzz for the last 2 months has been going from internet to cyclicals. Thus the opp. to short the internets and buy long the "tried and trues" They will be coming into overbought territory as the rotation begins to go back to internets and tech.

I'm working on trucking co's now that are weak FA wise that have moved up on the "cyclical mania" as shorting opps. With the moves up of gas prices in the beginning of last Q and no real response in trucking stocks, when the real numbers come in as to costs vs same Q last year they will be ripe for a hit.

Ken
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