MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.69

+0.2%

Dec 5 4:00 PM EST

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To: Chispas who wrote (79005)	6/19/2001 5:11:05 PM
From: t2	Read Replies (1) of 99985

The gold stocks did not do that well today. Monitoring the rebound after the selloff but not making much of it unless the dollar starts dropping. I would note that the energy stocks including oil/gas and alternative energy are starting to get hit. Could be the start of a major decline. I am looking for more shorting opportunities in this sector. Lots of targets out there. That means technology sector has upside potential if energy prices start coming down....acts as an economic stimulas. btw--Tellabs warns. That was a surprise.<g> Might be enough to create a bounce tomorrow for a quick trade off the morning lows.

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