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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: LLCF who wrote (26004)12/19/2000 4:48:05 PM
From: jcky  Read Replies (3) of 65232
 
DAK,

I'm not surprised at all FDRY warned. EXTR is going to get killed in the next couple of weeks.

Quite frankly, I'm a little surprised how well the financial and brokerage sectors have held up considering the economic picture. I guess most Houses have learned how to hedge their risks. <g> The drug sector also looks a little toppy to me, though, I suspect there won't be much profit taking in that sector until the Feds actually begin a series of rate decreases.

In any event, either cash or short term treasuries look pretty sweet right now.

P.S. Does anyone know what a dividend yield is anymore?

Regards,
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