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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (3949)9/23/2001 9:09:00 AM
From: Julius Wong  Read Replies (1) of 4916
 
Angler:

The data showed most sell orders last week came from professionals. The market will move up if the professionals cut their selling by 50%.

There were buyers at 3:40 pm Thursday. But the sellers came back with more sell orders.

With VIX at 48, the market will move up sharply if half of the professionals take a week off.

Julius
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