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To: AllansAlias who wrote (54897)1/5/2001 6:27:03 PM
From: Ilaine  Read Replies (2) | Respond to of 436258
 
The interesting thing about today's action is that they were selling everything - except oil and gas. Health care stocks sold off sharply this week. Fidelity Specialized Health Care fund is back to where it was when I cashed out in 1999! They were selling defense industry stocks, too, but not as hard. They even sold Berkshire Hathaway!

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To: AllansAlias who wrote (54897)1/5/2001 6:40:46 PM
From: pater tenebrarum  Respond to of 436258
 
no, this type of wedge more often than not breaks DOWN. we'll know soon, as it's right at the point from which this breakdown should occur if it is to occur.