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


To: Paul Shread who wrote (36652)11/29/2000 11:51:47 AM
From: heehee1  Read Replies (1) | Respond to of 42787
 
Paul, but then again, the only way you could make money with the market lately is on the short side. Until we see a sustained rally, your best bet is all cash or short IMO.



To: Paul Shread who wrote (36652)11/29/2000 12:02:35 PM
From: donald sew  Read Replies (3) | Respond to of 42787
 
Paul,

My short-term technicals on the DOW entered the overbought region. The NAZ is in the lower midrange near oversold - maybe a possiblity of some sector rotation.

Althought I am starting to feel that the NAZ is getting closer to a main bottom, but the DOW may now have more potential downside than the NAZ. Some of the DOW stocks are getting extended to the upside. If there is a slowdown, it will effect most industries not just the HiTECHs.

seeya