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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (34658)11/2/2000 7:46:38 PM
From: Terry Whitman  Read Replies (3) | Respond to of 42787
 
Yes- Oil falls and tech stocks go up. Seems to be a pattern there. I wonder if that could be traded profitably? Short oil and go long QQQ, then reverse it when they swap..

It looks good for LU. I'll put the long back on if it can hold above 24 now. The seasonal tendencies seem to be taking over now. Moved a good portion of my retirement back into SPX yesterday for the season.

I still tend to think oil will continue to be bullish unless a hard landing is imminent. There is no real substitute after all.