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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%4:00 PM EST

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To: Tunica Albuginea who wrote (70937)3/1/2001 6:14:49 PM
From: J.B.C.  Read Replies (2) of 99985
 
Fuel prices are breaking support in all arena's. The stocks themselves are starting to back-off their highs, from an overbought position. They should correct from here. It may be short lived, I don't know but I wouldn't be putting any money into the sector right now.

JMHO
Jim
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