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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: rocklobster who wrote (8776)4/30/1998 12:52:00 PM
From: tom pope  Read Replies (2) | Respond to of 120523
 
You're right to be cautious, but the osx chart is at one of those stages where it is difficult to judge whether it is overbought and likely to stay overbought (like the SPX from the middle of January until last week) or setting up for a normal pullback. A close above 118 would lead me to overweight the drillers. Would you agree?

Thanks for guiding me to the drillers thread. I don't go there often enough.


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