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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (49478)11/26/2000 11:42:52 AM
From: Skeet Shipman  Read Replies (2) of 94695
 
Hi Bill,
The analysts don't think much of LU. Fiscal 2001 estimates have been reduced from 65 cents to 20 cents. Here is the story. thestreet.com

With many funds having capital gain distributions along with reporting taxable gains this Dec., The swing from high levels of cash to very low levels of cash will put selling pressure on the market or; at best, a period of rotation. IMHO

Skeet
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