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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ditchdigger who wrote (27398)12/6/2001 7:14:42 PM
From: Sergio H  Read Replies (2) of 29382
 
Ditch, the money is coming in from the sidelines. Give it another month for this rally to run its course. Plenty of time for people to cash out their bonds and move back into stocks (just in time to take a hit).

I remain bullish on the health and biotech stocks to lead the market over the next year while the high techs take a break and find themselves more reasonable valuations. BTW, I've been yelling IBB since the low 60s. IYH hasn't been as robust, but the technincal picture looks pretty. Speaking of indexes, NAZ and DOW over 200 day MA.

Sergio
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