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To: Bill Harmond who wrote (4385)12/21/2000 12:40:22 AM
From: Mark Fowler  Read Replies (1) | Respond to of 57684
 
Hey i'm staying short it over yet.



To: Bill Harmond who wrote (4385)12/21/2000 12:53:39 AM
From: Mark Fowler  Read Replies (1) | Respond to of 57684
 
Financial ( Bkx) stocks are ready to tank -- you know what that means.

Edit: Bkx is climbing up in a rising wedge to resistance apprx. 895 they don't go thru, they come down.



To: Bill Harmond who wrote (4385)12/21/2000 1:26:40 AM
From: Si_Detective  Read Replies (1) | Respond to of 57684
 
"If these defensive sectors break it will be because the mother of all rotations is finally reversing. "
That's exactly my plan. Short defensive group and long the semis, wireless, ... Hopefully when the reversal happens, the short money will all go longs. And we all know it will happen, the defensive stocks are getting ridicules p/e now.


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