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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (4494)1/7/2000 1:41:00 AM
From: John Pitera  Read Replies (1) | Respond to of 19428
 
I hear you on a sector not correcting....one point that I was developing while out on my dusk bike ride today, is that a sector that corrects minimally and then starts to take off are often leaders in a next up leg.

I am not endorsing the semi's to that status yet. they may be setting up to fall hard....and I have no special fondness for them.

But it is a standing observation that the sectors that have the smallest corrections, but have come into a mkt downturn in a strong fashion....can have some of the biggest and best legs to the upside when the downturn is done.

So I am expecting your imput as to what the heck those will be when we get done with the winter-spring wash out... -g-

this should apply when we have received the full brunt of the correction...... and the chips may be flat on their back s by then.

great list Tom........ (applause from the gallery)

John