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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: John Harton who wrote (6200)6/30/1999 4:09:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
John:" utilities... "

...meaning electric & gas, not telephone, etc.

>Thus indicating a defensive position selloff perhaps indicating cash moving to sidelines to fuel a rally...

yes, I agree with your analysis, John.

My favourites are ENE DUK WMB in that order, Duke Energy being the bellwether, Enron being an energy broker/services, and Williams being a pipeline/fiberoptic thingy.

- the drop in UTIL & UTY.X today I attribute to investors dumping shares and rolling them into TYX.X - Bonds and SPX/NDX - Stocks.

Happy Half (^_^)

-Steve