MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.57

+0.7%

Dec 10 4:00 PM EST

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To: HairBall who wrote (65770)	1/3/2001 9:02:02 PM
From: Square_Dealings	Read Replies (1) of 99985

LG Great call yesterday! My take on the utilities action is that a rate cut isn't good for companies that actually make money <g>. I'm surprised that we still needed the heavy rotation out of utilities, drugs and oil/energy stocks today to accomplish the ramp in the techs. It's still a market in which you don't want to be left holding the bag of the week. I'm interested in Les' take. M.

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