Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, July 16, 2008

Hey sector data


I'm worked but. It's important to go through some winners a losers.....

Lets talk about the dogs.....

Oil explorers and producers.
Non ferrous metals
precious metals
oil companies
gas utilities
energy
Electric utilities
utilities
coal
wireless
oil drilling
basic resources
household non-durable
pipelines
tobacco
biotech....

I'd say wireless is just rolling over from it's manic "someone wants sprint trade"
Utilities is rolling over... spotted that a few weeks ago.... this confirms we are in the back half of the recession.

Lets check laggerds... things bairly up..
Heavy construction
materials
medical supplies
cosmetics
household products
Aluminum
Water utilities
soda
food

How about things up some.
Areospace
office equipment
Mid cap Growth
Technology
Indstrial
broadcasting
media
restaurants
paper products

Next up.. some good runs(I'd like to say, the next great bull, and next great decline)
Internet
Transportation
Air Freight
Rail Roads
Furnishings
Retail apparel.


The big winners
Real Estate
lodging
consumer electronics
Tires
Autos
Financial

I tell you what I just realized... the next big bubble..... Starts with a T- ends with a ransports

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