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Bill, Your advisor might point out; From peak in oil 9/20/00 to 12/2000 high DOW rose from $21.50 to $34; WHILE THE SPX actually declined. Managers, most of which are overweight energy; could propel chemicals higher in order to HEDGE their energy exposure. In the mean time, trend is up for DOW 1) bull cross 2) break out vs SPX 3) 50 and 200 dma trend up I added to DOW today after o/r was broken. Also long DD and MMM. Regards- J/"

Download advisor's analysis of DOW.

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The first advice came from a UBS portfolio manager; this next (also current) report on the Industrial Chemicals comes from Credit Suisse. Download CS Oct 2 report on Industrial Chemicals.

As I pointed out in the earlier article, LYO and DOW have a set of mid-range RSI values. For timing of the sell, I look to RSI analysis. These stocks are not over-bought.

What I did state clearly in my earlier report was: "If my advisor is listening (lol), I'm saying that Chemicals have finished their run up, and now I'd like to be on the sidelines. The advisor might take a different stance on the issue, and I'd be prepared to listen to that."

So, I'm listening. The advisor makes a good case.

I have never said I have all the answers and that you should not trade without the help of independent advice. Yes, I make my own decisions, but I do also listen to independent and objective professionals.

Tomorrow in fact I'll be attending the following Citigroup private presentation and dinner, where I'll be all ears (and no mouth). These are brilliant people, and as you know I have Citigroup on my list of the Global 100 Best Companies " undoubtedly in the top 20.