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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: chic_hearne who wrote (37800)11/15/2000 4:25:28 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
may be right...although MSFT is in many ways a special case. the main difference is of course that the drug-pushers are considered 'defensive'. once the election decision is here, people may begin to look at the freshly exuberant valuation levels of so-called defensive stuff.
imo the closing of the gap between defensive and other stuff suggests a widening of the gap comes next.
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