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


To: Paul Shread who wrote (2800)3/13/2001 6:57:51 PM
From: Stephen  Read Replies (1) | Respond to of 52237
 
Paul, perhaps the DOW theory demands some rotation from old economy to tech ??. It maybe that the overall market doesn't go anywhere fast, but some of the richly priced DJIA elements continue their readjustment. Personally, I haven't had too much time to look at the markets ... so am more lost than usual ...LOL. Still, there are many techs that had lows a couple of weeks ago and haven't threatened them since ... so perhaps selectivity is key. Still ... I'm not too keen on being a longer term investor yet - overnight is too much for me ... GG.

Basics lookedpretty strong all day today ... trin very strong, tick negative etc ...........perhaps just sold out for now... fwiw.

Regards

Stephen