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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Terry Whitman who wrote (67420)10/8/1999 12:59:00 PM
From: Tim McCormick  Read Replies (2) of 86076
 
Vicious rotation into blue chip defensive issues corresponding to break in oil and sox. Everybody pile into MRK, MCD, WMT, JNJ, AXP..... Propensity to stay fully invested has now transformed to buying what you don't get fired for holding. This can only be broken by a break in bonds forcing asset class reallocation. Tim
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