AI
Thursday, December 27, 2001 11:26:53 PM
One of the worst performing sectors this year was utilities...
Yep, good time to buy right now, DJU is about to breakout, anything over 300 and it's a sure sign of a reversal being set. I am long in Utility funds right now.
Also, as far as sector moving, these three stocks followed the ENRON mismanagment with their own scare drops: MIR, CPN, DYN, and they are tracking back up, NRG, and RRI in the sector too, I expect a good sized pop in these in Jan, as shorts cover to pay taxes next year instead of this, a good Jan effect in place here, besides the low of the trend being set:
imho, Jerome
Yep, good time to buy right now, DJU is about to breakout, anything over 300 and it's a sure sign of a reversal being set. I am long in Utility funds right now.
Also, as far as sector moving, these three stocks followed the ENRON mismanagment with their own scare drops: MIR, CPN, DYN, and they are tracking back up, NRG, and RRI in the sector too, I expect a good sized pop in these in Jan, as shorts cover to pay taxes next year instead of this, a good Jan effect in place here, besides the low of the trend being set:
imho, Jerome
imho, Jerome
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