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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: edward miller who wrote (5986)4/18/2001 7:57:56 PM
From: Ibexx  Read Replies (2) | Respond to of 52237
 
A StreetCom article stated that many of Fidelity's big funds were extremely underweighted in tech stocks at the moment of this writing, in comparison with SP 500. When and if they decide to bring the techs to par - watch out! - NAZ will have the needed fuel that sustains its recovery.

It was funds like Fido that exacerbated the NAZ downfall in the first place.

Ibexx



To: edward miller who wrote (5986)4/19/2001 7:55:35 AM
From: Lee Lichterman III  Read Replies (3) | Respond to of 52237
 
You may be right. There did seem to be some honest rotation out of safety and into the speculative stocks. Note yesterday how JNJ, MO, SLB, SWY etc were down while stocks like QCOM shot up to 60.

Just released, S and EMC met expectations and UTX beat by a penny.

Good Luck,

Lee


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