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Pastimes : Ask Mohan about the Market
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To: John Hunt who wrote (15176)3/25/1998 1:33:00 PM
From: Bonnie Bear  Read Replies (1) of 18056
 
John: the new highs list is a marching army of utilities stocks, little S&Ls, brokerages and pension-plan management houses, and some foreign stocks. There's really not that much else there. This is a trend that could go on for a long time....the action on the overvalued techs masks the real trend- it's the saga of where to put all that retirement money when there are not enough stocks and bonds.
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