Good morning Bill,,,and a happy thanksgiving to all,,,
I was just thinking that we should all keep our eyes on sector rotation, which seems to be what has been happening for the last few months,,,,in the 15 or so stocks that I trade actively,,some are in a bear market, making new lows, and some are in a bull , making new highs,,,the money still pours into the funds, so a general demise ,allthough possible,,still seems to be moved further into the future..
As far as fundamentals go,,a couple of my juniors are now trading at or below their cash value,,the selling of large blocks every so often indicates to me that these were fund holdings as opposed to individuals,,,sort of tells one a little about fund managers ...
Two of the stocks I trade are making new highs,,,food business,,,from Mohan's print out the other day of new highs on the NYSE,,I discovered that foods and utilities are presently the flavour,,
russell |
