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To: Return to Sender who wrote (1324)7/20/2002 5:44:44 PM
From: Gottfried  Read Replies (1) | Respond to of 13403
 
RtS, now that everyone knows about bears on magazine covers, it probably lost its value as an indicator.

G.



To: Return to Sender who wrote (1324)7/21/2002 5:18:52 AM
From: advocatedevil  Respond to of 13403
 
RE: "I think we want to stay away from anything defense oriented because they have already had their run. In fact LMT fell virtually all week long proving it was a good short."

With LMT I believe we saw profit taking and reallocation as factors in its slide this month, however the drop over the last week tracked the drop in the S&P. FWIW - While I agree it's had one helluva run, I wouldn't short it right now.

AdvocateDevil