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Politics : High Tolerance Plasticity

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To: chowder who wrote (13148)4/8/2002 7:17:22 PM
From: chowder  Read Replies (3) of 23153
 
Last week I mentioned there might be a near term bottom coming within the retail sector.

Message 17276625

It appears the sector was paying attention. It has responded very nicely!

stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G

It would appear that certain segments of the market are fighting against a market that wishes to take them down.

The S&P 100 index (OEX) now looks like it wants to get into the act for a near term bounce.

stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G

A little here, a little there, it looks like the way to play the market at this time is to play the bounce and rotate to the next sector.

Take what the market will give!

dabum
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