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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Doug Robinson who wrote (24861)5/15/2003 9:36:31 PM
From: Susan G  Read Replies (3) | Respond to of 26752
 
MSFT, GE, MMM and JNJ have been showing major distribution into this rally for quite some time now...and it has not been mentioned at all by the media how poorly they've done during this awesome move up. None of the 3 have participated for more than just a short covering pop which didn't last long at all, and all were former rally leaders.

Considered "Widows and orphans" stocks too, the ones everyone "should" own...I guess they thought the distribution wouldn't be noticed if everyone was busy watching all the junk run!

Thanks for the heads up for the thread.