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

To: Sergio H who wrote (17645)	11/30/1999 9:53:00 PM
From: Sal D	Respond to of 29382

Sergio, Utilities did well today also and the internets got hammered(but not IFLY). The market will most likely have only a small gain this year. The Willshier 5000 is up about 16% and the S&P 500 about 15%. On the other hand the Nazdaq Comp. is up about 57%, but that is being fueled by a small group of companies that are having huge gains, I don't know how long that will continue. But the market as a whole is not doing that well. The average NYSE is down some 27% from a year ago, while the average Nasdaq stock is down 31%, and stocks trailing the S&P 500 by more than 15% is almost 60%. We could be seeing the start of the slowdown. Now that I hopefully have some time on my hands I have updated my data and will will be going back to short term stocks for a little while with TA leading the way. This FA is killing me anyway, I will try not and ignore it but I will be leaning on the TA. I'm almost caught up here and I got that feeling again. I'll try and keep in touch. Good Luck. Joe