MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: el paradisio who wrote (69199)	2/14/2001 7:24:32 PM
From: KevinMark	Read Replies (1) of 99985

>>>Looks like sector rotation started today.<<< Quite possible. Oil service sector has to be feeling some short term selling pressure based on inventories much higher than expected. Could it be the Nasdaq (networking/telecom sector) may benefit from this in the short-run? I rarely listen to CNBC anymore, but had them on today, and noticed at least three seperate instances where analysts continued to pump energy stocks. Could be just a coincidence, but then again maybe not. The latter is the sole reason I rarely listen to them anymore. www2.marketwatch.com Regards, KM

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