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


To: John Pitera who wrote (32154)3/13/2002 9:02:10 AM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Good points, JP. A brief look at the A/D line will confirm that notion.

Everyone is worried because tech stocks are underperforming. That is NORMAL at the beginning of a bull market. They normally lag cyclicals and blue chip industrials in the market cycle. The last 4 years were an anomaly in market history, as the techs had leadership.

Did you see that link I put up last week? It stated the Dow has now outperformed the other major indices for every period from 1 yr. to 20 yrs. Time to start shifting a little to the broader market?

I'm kicking myself for not buying more LU yesterday at 5 1/4. May be the last chance to get it that cheap.

Regards,
TW



To: John Pitera who wrote (32154)3/13/2002 2:37:53 PM
From: isopatch  Read Replies (1) | Respond to of 52237
 
Hi John. That's my read as well.

Am amazed by how many people keep misreading this market.

But that very skepticism and disbelief is classic sentiment during a powerful uptrend. Sharp corrections along the way are part of the process and I'll be adding to positions when they occur.

Best regards,

Isopatch