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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (52297)6/1/2004 8:31:30 PM
From: Libbyt  Read Replies (1) of 57110
 
...I'm still not finding much to be bullish about

Do you think that with rising gas prices, and a possible interest rate hike later in the month that consumer spending in the retail area will be cut back? Maybe it is time to sell CHS and TGT?

Some things IMO such as security related stocks will continue to do well going into the Summer Olympics. (IDNX is still one that I follow.)

Is the P&F chart of CALM turning more bullish? Since CALM is the largest shell egg producer IMO they have a product that will continue to be in demand, especially with the Atkins diet craze.

Even with the market climate filled with risk, IMO there are still some areas that will continue to do well...basic necessities, and security related stocks are two areas where I'm comfortable being invested at this time.
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