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Non-Tech : Invest / LTD

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To: drsvelte who wrote (1475)	8/3/1998 7:29:00 AM
From: Thean	Read Replies (1) of 14427

Doc, excellent post. With your interest in the consumer non-durables I have a few more here. I will not comment on the fundi for obvious reason but based on chart alone I would say KMB - is on the verge of breaking to new low. UN - I agree with your assessment CL - the most uncorrected of them all due to their Total toothpaste but the rest of their business should not be any better/worse than others in the same group. I also think there will be a small attempt to pop up today so I will not short or put at the open. These stocks have tremendous institutional following and since last Thursday, the street has decided to let this one go. Drug stocks is one of the few remaining group that has yet to take a serious hit and it is not a stretch that after consumer non-durable drug stocks will be the next to go down.

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