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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (51428)12/26/2000 10:13:50 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
it has broken its main uptrend line.

take a gander at the cyclicals and forest/paper...those are bullish looking charts. SnP financial index also breaking to new highs for the move. HMOs, utilities, NG stocks all at new ATH's...chemicals breaking above the neck line of an inverse h&s in an accelerating move. drug and insurance stocks only a smidgen below ATH's. the oil and OSX indices also rallying smartly. maybe no recession after all, in spite of the curve inversion?

i'm just mentioning this because those are the most serious chinks in the bear's armor now. maybe sector rotation is here to stay...regardless of fundamentals.
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