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To: coug who wrote (2455)8/25/1998 7:05:00 PM
From: Patrick Slevin  Respond to of 44573
 
Sure, I have a boatlosd of whacky stuff.

If I ever get to post timely I'll clue you in on more of it.

But the Banks are pretty good when the market is at a level, such as it is, near the end of a cycle.

The Financials are always a worthy indicator at the end of a bull run. Bonds soaring are another.

Anyway, watching the Banks is a cyclical thing. This is the phase we should be watching, I think. The next phase should be techs. After a market pullback the techs should generally be the first to prop 'em up. We are betwixt and between, I should think.

I think that in a few months we shall be out of the Bank indicator and into the Techs. When? I don't know.