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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (3225)2/6/2001 8:13:54 AM
From: Terry Whitman  Read Replies (2) | Respond to of 33421
 
Thanks for the tips JP. You gotta like a 30+ divy. (NAT) Can't hardly go wrong with that unless it's a fluke or something. I'm already positioned in energy and basic matl's- so perhaps a transport or two wouldn't be a bad idea.

Stockcharts.com said today that a potential double top on the transports is forming- I may wait and see how that materializes. I am still leery of energy AND transports both performing well. Maybe energy will slow down as you suggested.

They also pointed out a breakout on INCO (N)- which I have traded in the past with some success. Many cyclicals are moving.