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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (17780)9/17/1998 12:55:00 PM
From: tech fool  Read Replies (1) | Respond to of 70798
 
Clint,

don't know if you follow point & figure charts, but the p&f thread posted that the NYSE bullish percent chart gave the mother of all buy signals on 9/15. The NYSEBP gave a sell signal in May 98, 2 months before the last market top.



To: Clint E. who wrote (17780)9/17/1998 4:50:00 PM
From: Tiley  Read Replies (4) | Respond to of 70798
 
Hi Clint,

So what are the right sectors in your opinion? I think the established Biotechs are one for sure. How about the net stocks despite todays downdraft? Semis are neutral, semi-equips are a bit negative, telcos are negative. selected software is OK and selected networkers are OK. What do you think? Where do you expect to see leadership (sectorwise)?

Later,
- MJ


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