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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (3213)2/2/2001 8:49:49 AM
From: Terry Whitman  Read Replies (1) of 33421
 
Scanning the list of new highs, there seems to be just a few sectors that are benefiting from the rate cuts. Financial & energy stocks dominate the list.Transportation and basic material stocks are also showing up. I can't picture transports and energy stocks both continuing up. With the bullish reversal in the CRB yesterday- would you be selling the transports here?

Here's a couple from the list with very bullish looking charts. Oddly enough, timber recently hit a multi-year low-
quote.yahoo.com
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