Wow, our third day and a lurker has already surfaced. Very interesting. The damage in the Naz continues, we've had and will continue to have bad news which should drive us further south. Two things to watch for: first, (and I think we're already here) is good news won't do much to take the sector, or even the individual stock, north; and second, when these stocks (and this sector) refuse to go lower on more bad news, that will be the bottom.
One interesting point of view has been (I think this would be JimP's, but I may be wrong) that the energy sector, a cyclical, should be dead money or worse for January to March.
siliconinvestor.com
It's actually held up pretty well, although I'm not sure how long this can last.
Btw, posters: would you like me to put up an index here, the OSX, something else? Let me know. |
