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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (23963)2/25/2001 12:03:44 PM
From: Sergio H  Respond to of 29382
 
Hi Ditch. We've been hit with the same storm here. I've been trapped in my house all morning!!! <ggg> Getting the troops ready for a ride to New Haven for the Ansel Adams exhibit.

Thanks for the OCO info. I didn't know that.

Looking over sector plays for longer than five minutes, a day or even that long term measure of one week. Where to park money besides CD's?

Techs are still overpriced. Bellweathers hit new lows last week. Naz is oversold and has been trying to rally but fresh negative news on a daily basis has been squashing rally attempts. Rally should come any day now, but it won't last. Downtrend will remain in place until growth rates catch up with valuations.

Biotechs? I am not sure. I think that they're worth taking a stake in. There's heavy investment money going into this sector. Massive expansion is being undertaken by the larger
players and there's a healthy dose of consolidation and merger activity.

Natural gas appears to be a safe haven. Although the NG index has been taking a seasonal dip as people turn their attention to spring, prices are still higher than year ago comparisons. This translates to improved earnings for NG stocks.

Everyone's in the Jeep. Have a great day Ditch.

Sergio

ps Ken...DELL opinion in today's NY Times Biz section.