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jenna

07/19/02 3:36 PM

#6744 RE: jenna #6743

Watching ANFI..simply because I was short FNF much of the time and see a possible recovery in both ANFI and FNF. Surely this is not enough to contemplate a buy just a watch. I like to watch the insurance/financials/building sector for a definitive reversal that HOLDS (key word here is "holds"). The tech sector means not a thing. It has become a vehicle to short on rallies, however small they are. The best gains have come in the last 2 weeks in the sectors that have bitten down the last (Remember watching the highs as they break down (200 and 100 day moving average) and shorting NEAR the highs not extended well below the 20 day moving average) .. The higher they are, the more they can fall.