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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (12231)6/25/2002 12:17:02 PM
From: Bill Harmond  Read Replies (2) | Respond to of 57684
 
Looks like some rotation finally:

11:42 ET Sector Watch: Offense taking the field
Investors are taking profits in defensive groups as broader market makes its second consecutive strong showing. Today, money is flowing out of recently hot groups such as Defense (-2.1%): ATK -8%, RTN -5%, GD -4.7%; Tobacco (-1.8%): CG -5.6%, RJR -4.8%, MO -3.5%; Healthcare (-1.5%): WLP -4%, OHP -2.9%, TGH -1.7%; Gold (-2.8%): GG -5.4%, PDG -3.6%, NEM -2%.