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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (80735)9/6/2003 8:04:15 PM
From: SwampDogg  Read Replies (2) of 209892
 
<<only bullish on bear-type plays (metals, commodities, energy plays, etc)>>

Don't understand that statement at all. If they are in bull markets how can it be a "bear-type play"? The most money has been made in those areas in the last 3 years and this could continue. Just because it isn't high PE crap doesn't make buyers bearish does it?

The other argument would be that any bullish world economic recovery would actually benefit these "bearish" plays as they did in the mid 1990s. I am quite sure that Fleck is doing pretty well with his PAAS.
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