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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Cush who started this subject12/19/2000 9:49:54 PM
From: Davy Crockett   of 5144
 
Hi Cush,
Thanks for the kind words....now if only I would follow my own advice... (maybe I should stick to insurance & gold for now, but, on second thought, I think Natural Gas & Oil will do for now... I will keep some of my tech stocks... gradually moving up my stops until I kicked out...

I am short of time for the next couple of days (but, I think I see a divergence between the NAS & the tech stocks that I own... I know it is anecdotal...BUT, it is interesting... it has (as far as I know) never happened before....

When I have some more time on my hands I will post some charts to highlight what I think are some interesting divergence...

BTW, I own SVN,KCA,NT,CTI, & Agilent (A on the NYSE). Right now about 65% of my portfolio is in tech (wreck <ggg>), the rest is in Natural Gas, PM's, & resources...

I have about 5% cash left to pick up bargoons. <LOL>

I have a question for you (or for the thread), does anybody know if in the '73-'75 bear market, if there was a heavy capitulation day to mark the end (or @ least the turning point) in that bear market, from what I remember I thought that we just kept grinding lower & lower & lower...

Thanks in advance,
Peter
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