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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Judy who wrote (14748)	8/20/1998 11:30:00 AM
From: Robert Graham	Read Replies (1) of 42787

Thank you for the alert. I will look at the trading data. This is not a good sign. Here we have financial and telcom technology stocks being sold. Where is the money moving to? The utilities themselves as a defensive play, or out of the market altogether into bonds? My concern was when the the market rallied, the big money would take that as an opportunity to sell. I see that the bonds have been going down on their yeild recently. Interesting. It looks like this may be hwere some of the money is going. Perhaps the moneyis also mving to other industry groups? Bob Graham

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