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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Angler who wrote (2066)9/26/1999 11:52:00 AM
From: Julius Wong  Read Replies (1) | Respond to of 4916
 
Angler:

S.B. and other tech top executives received their stocks through
company stock options for a few dollars (or cents?). But we paid
for our tech stocks!

The market is weak. I just look up the number of stocks above
50 day MA for several groups:

No. of
Stock Stock >
Group 50 dMA Percent
--------------- ------- -------
DJIA 30 5 17
S&P500 87 17
S&P100 (OEX) 19 19
Nasdaq100 (NDX) 45 45

The market is nervous and ugly.

Only the gold bugs are happy.

Julius