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Politics : Idea Of The Day
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To: Judy who wrote (14799)11/19/1997 6:07:00 PM
From: Nancy  Read Replies (1) of 50167
 
Judy,

Analyst already said damaging thing this morning on fear of non approval of FDA or limited approval - that was the reason of sell-off - it was either said yesterday or this morning.

retailers usually are hot up till X'mas then we need to watch out for weather, etc etc.

GE, TRV, JNJ, KO, MRK those are your slow but sure thing - long on dips. At least you can see where the bottom might be.

I suspect we will go to 7800-7900 area before coming down again.
big cap blue chips would outperform techs this go round.
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