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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: JD who wrote (6695)	11/12/1998 8:34:00 AM
From: Jeffrey Lee	Respond to of 7247

Yeah, In light of the moderate sell-off in Europe overnight, weakness in Asia, relative uncertainty about the next FED move, Iraq, and today's (good) earnings news, looks like a good day for the Retail Sector. Less foreign exposure, relatively defensive, and Christmas coming. Watching BBY, KM, AEOS, BKE, TJX, WTSLA, & ANF. Take your pick. Sure hard to be comfortable, though, after so many days of upward momentum and no especially significant sell-off. Will watch closely to quickly exit any trades that show weakness due to any change in overall market sentiment. Good luck, all.