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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: Les H who wrote (15106)5/27/1999 1:44:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
Les, i have asked myself what the strength in the utilities might mean, and my conclusion is that they are bought for their safe haven status - not exactly a bullish sign, except if one assumes that the money parked there could move back into other sectors. i doubt it though, especially near term.

regards,

hb
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