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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ditchdigger who wrote (9925)	10/28/1998 7:36:00 PM
From: Sergio H	Read Replies (1) of 29382

DD, some data on the Russell 2000 and other market minutea: This Russ 2k index is made up of mostly financial stocks. The financial sector was calm today, mostly small gains: Non U.S Banks.-1.80% Big-Cap Banks+0.36% Mid-Cap Banks+0.89% Regional Banks+0.93% S&L's+1.15 Brokerage+1.78% Financial Services+0.34% Investments-0.24 The Russell 2k from10/8 to 10/26 + 20% this week -.6% Looks very positive for the Russell 2k to continue it's recent strength after it has finished resting. The index is still 24% below its April highs. Upside potential looks good. Today's hot natural resource was lumber (and paper). Canadian market could get a lift if interest continues. Mobil came in with lower than expected earnings and the drillers took it on the chin today along with most oil stocks: Drilling & Marine Supply-3.03% Independent Oils-1.25% Major Oils-0.26% Oilfield Equipment-0.78% Pipelines-0.22% Refiners+0.70%

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