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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: James Strauss who wrote (42375)3/6/2000 10:52:00 AM
From: Les H  Read Replies (2) of 99985
 
Within the hot sectors there are industries and sub-industries. Many of the telecom equipment stocks broke out in mid-January during the 'correction'. It appears the internet stocks may be next: ^DOT, ^INX2, and ^IIX are at or near new highs. Some of the app hosting stocks have broken out in the last week with the leader EXDS first:

quote.yahoo.com

The internet retail may be next. I've been watching EBAY which is nearing the conclusion of a huge symmetric triangle?
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