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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (41448)	11/14/2003 1:05:31 PM
From: energyplay	Respond to of 74559

Todd Harrison of Minyanville.com with a comment on the drug play -- ********************* No Soup For You! Just a heads up, Minyans: The odds of a Snapper cameo greatly increase as long as the daily low holds in the NDX (1420). That's the level I'm keying on and it's a natural place for day trading stops. While the internets and semis don't "see" it yet, the breadth is slowly trying to gain traction. Away from that, the rotation out of the master betas (internets) and the brokers continues as drugs and energy hold their bid. For my part, I've taken some profits on my pharma trades and tightened stops on my peripheral exposure. The "trade" got a little too mainstream too quickly for my liking. I'll be back. Good luck!

To: TobagoJack who wrote (41448)	11/14/2003 3:18:36 PM
From: energyplay	Read Replies (3) \| Respond to of 74559

Looks like the drug companies got most of what they wanted from the drug bill - limited importation, no price comtrols. Tech down , PPH up - looks like rotation into your sector. Also, looks like we have an energy bill - real piece of sausage....even Wall Street Journal complained about subsidies to oil compnies for drilling - doing what they are supposed to do...John Dizard had criticism that electricity parts still allow Utilities to use thier expensive facilites in preference to outside sources, and does not tightly regulate the grid use. Gee, is there an election year soon ? ************ Gold hit 399.40 ....I expect it might pull back a little, then shoot through $400 in next few days.