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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.17+0.2%Dec 11 4:00 PM EST
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To: d. alexander who wrote (25368)2/27/2000 1:57:00 PM
From: j g cordes  Read Replies (1) of 69022
 
Dorothy, over the weekend I've been hearing rotation talk that recommends taking profits out of high flyers and putting them into the low fryers. For example someone said get out of TXN because its priced past its best expectations even though its got a new dsp line... old adage sell on news. Look back over multi year charts of the naz, especially techs and you'll find they can take big hits in the spring. Not saying that's happening, just something to think about.
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