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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (20912)9/10/2000 7:50:31 PM
From: Sergio H  Read Replies (1) of 29382
 
Magnetic Amigos, market thoughts:

Oil/natural gas/energy stocks should rally tomorrow. OPEC has agreed to increase production, but increase is lower than was hoped for.

Looking for some buying off last week's selling on NAZ, but buying could be delayed until after options expiration on Friday.

Financials had a good week last week. Since money is rotating very quickly, financials are likely to suffer from profit taking. Utility stocks were also hot last week, but their rally has been quietly percolating and should continue.

BWDIK (as Amigo Cary says).

Sergio
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