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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (16829)	10/3/1999 8:55:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

<This sector rotation thing is moving so fast that the everyday joe has no chance to keep up and still make a profit. So, if one trys to move from spot to spot the party is over by the time we get there and are stuck holding a sudden down trend. > Ken, I agree. A perfect illustration to your point is the current situation with oil and gold. I read that pros sold out of oil, taking a profit from the recent run-up and threw the cash into gold for the short term pop. The gold rush fueled a short squeeze and created more buying. Doubts about the accuracy of the oil supply data are keeping investors from further investments in oil and not much else is looking attractive enough to jump off the current gold campaign. Sergio