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Strategies & Market Trends : Three Amigos Stock Thread

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To: freelyhovering who wrote (18919)2/27/2000 12:33:00 PM
From: Sergio H  Read Replies (1) of 29382
 
Ola Myron. I know that you appreciate early alerts as well as following the investment selections of the sages of the financial world. A little drum roll and the spotlight on the
utility sector.

I've mentioned the reasons for a play on the electric/natural gas utilities in the recent past. Noting that the charts haven't changed much....the downtrend is still in place, the fundamentals are making these stocks a screaming buy.

A thumbnail review, starting with the obvious bullish catalysts; deregulation, increased demand and inflation and throw in a little high tech; alternative energy projects.

A look at the charts is scary. Indexes:
207.61.23.98

207.61.23.98

Recently, I took a position in the Galaxy Utility Index Fund and I think its time to take a stab at an individual stock. Maybe ED.

The name dropping segment: Warren Buffet and Bill Gates have reportedly taken positions in utility stocks.

Sergio
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