Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Bwe who wrote (2810)	5/5/1998 8:26:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34811

Hi Bruce, The momentums in the sectors speak for themselves. Airlines are definitely waning and oil is improving. Future contracts are up in oil too. If I'm not mistaken, doesn't oil tend to rise in higher interest rate atmospheres? With the action on the bond indicators, utilities etc and interest rate sensitive sectors loosing momentum, I think we can put together a solid picture for oil and gold prices to rise. I've shorted the airlines and am considering shorting the index while going long the XOI. What do you think? Jan I am