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To: The Jedi who wrote (9368)1/23/1998 2:21:00 AM
From: Ms. X  Read Replies (3) | Respond to of 95453
 
Hi Kiri,
Nope, in fact there were very few sell signals today. What we saw were a few stocks, not the sector, having a very bad day. The sector is still fine. Volital at this level but fine. Look long term. Check out the economics. Everything goes in cycles. Remember when people are yelling "SELL!" is usually when everything has already hit the bottom. Hard to be steadfast when reading and hearing warnings left and right. This is why I look at the technicals. I can be objective, tune out the noise and plan my positioning.

Oil sector, for instance, moved very high last week. A 20% move to the upside in one week! Very impressive.

My only regret is I can't buy more right now. Just my luck...
Best of luck.