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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (27758)	1/4/2001 6:29:49 AM
From: Larry S.	Read Replies (1) \| Respond to of 53068

I think Wednesday's explosion was a violent upsurge in the ending throes of a bear market. Defensive sectors will continue to be attractive for the next few months, as techs, retail, and other recovery sectors start coming into favor again. I think SPLS has a better short term chart than ODP, like both equally for longer term, though ODP has bigger upside % potential. SPLS: siliconinvestor.com ODP: siliconinvestor.com Think that both will participate in general better retail outlook. ODP has put in a longer base, but is approaching oversold on this move up. ODP has repeatedly had resistance in the 8 area. if it can break 8 with conviction, then could run to 9 1/2 -10 area. SPLS has a nice triple bottom and appears to have room to run to 16 -18 area short term. this move up on spls has broken the descending line formed by the tops since August. larry