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To: Braddock Bull who wrote (56206)12/6/1999 5:09:00 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
We don't need much of a nudge...

Just a little pullback in techs (to accelerate a down move) and a little momentum in oils is all it'll take to get the rotation ball started. These are ridiculous levels. Sentiment has definately turned UGLY here. Good API #'s might send oil to 28-30 range.

Tech momentum is still strong but appears to be stalling.

OSX has not broke down yet and neither has the XOI. XNG making new lows, but that's just natural gas.

Very close to turning here. Remember I called Dec 8th last week...

Of course these days you can just pick any Wed in the near future and you're bound to be right eventually...



To: Braddock Bull who wrote (56206)12/6/1999 5:31:00 PM
From: Razorbak  Read Replies (1) | Respond to of 95453
 
Investor Enthusiasm Index (IEI) Fading Faaaaasssttt

I see the sentiment on this thread is beginning to crumble from what seems like the almost giddy levels of just a few weeks ago. The fact that Post_Patrol has not spouted off in over a week is another key contrarian indicator. <g> Is that blood I see flowing in the streets? Somebody please lemme know soon 'cause I wanna buy some more OSX to give my MDR company and keep the rest of my portfolio happy!!!

Meanwhile, I'll try to remain content picking up these mangy, little, undervalued, speculative mutts in the E&P sector and wait for the cash flow from $25+ oil and a winter-induced pop in gas prices. <vbg>

Razor