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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who started this subject	5/20/2002 1:17:51 PM
From: LastShadow	Read Replies (2) of 43080

Merrill Lynch reiterates selling tech into strength : Merrill Lynch in a pre-open note said that "mainstream" technology is not a growth sector anymore, and reiterates long-standing strategy of selling tech shares into strength given NASDAQ's recent rally; fragmentation, overcapacity, margin pressures, and pro forma reporting continue to plague the industry; however, the Pentagon may be the next "Killer App". Recommends redeploying assets into attractive themes such as: dividend-paying utilities, consumer staples, aerospace/defense, drugs, energy, and corporate-oriented financial stocks.

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