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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (28833)2/28/2003 12:19:42 AM
From: Bert  Read Replies (1) of 36161
 
Iso,

Good read as usual...I am getting indications of upcoming downage in the energy sector as a whole. Perhaps there will be standouts along the way, but money seems to be exiting here...defense, gold, energy retreating...I am curious to say the least.... on the other hand, I am detecting movement towards a rally in the general indices, especially when looking at the Sp500....just my observations, but then again, I am holding 6 tech stocks at the moment <g>

XOI looks like down, as does gold, especially the SA golds...and MDG....looks like an overall Commodities correction in a big way to me...Something is up that's contrary to what we see or hear methinks....Stops are in place...

Cheers,

Bert
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