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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.88-0.3%Jan 30 4:00 PM EST
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To: Les H who wrote (7191)2/28/1999 2:30:00 PM
From: Lee Lichterman III  Read Replies (1) of 99985
 
>>The telecom and software (CWX) are yet to break.<<

In at least most of the ones I watch, Software was hit hard the last half of last year and still hasn't really recovered so it is already down IMO. (granted MSFT and a few others are still high flyers) Remember when PSFT was all the rage etc. They are now 25% of what they once were.

I guess Telecom would be the last of the high flyer areas although at least they make money and could have a lot to gain in the interconnected future.

JMHO,

Lee
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