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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (3024)11/14/2000 1:33:39 AM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
I think the Utilities have had it. Remember, natural gas is a big component of the Dow Utilities average. I'm happy about the Transportation Index, especially in light of the OPEC decision this past weekend...rallying in the face of "bad" news. Actually OPEC is worrying about a Spring glut, and since this was a distribution/refining shortage, they're probably right.

The transportation and technology issues are "brothers under the skin", BTW. They're both economically sensitive.

I'm also happy the DOT didn't break October's lows yet. eBay sure did and that has me concerned. I own a lot of eBay.