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To: Sig who wrote (11547)10/22/2003 10:40:56 AM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<This is the end of the road for Dow stocks
They will stay alive, but not move much. And new techs will be added to the Dow to make it "look good"
>>

Well, I will admitt that my TECHS are up a much larger % then my DOW stocks. BUT, I have quite a few DOW stocks that are doing very well. No, they aren't seeing 200 - 500% gains, but I am not complaining about 20 - 70% gains on those stocks. Additionally, they may not rise as much as techs, but at the same time, they are far more stable in a downtrend then tech stochs...it works both ways. My personal opinion, and I would hope the markets have taught us this lesson...it is best to be well diversified. Sure rates on fixed income crap absolutely suck, and the dow stocks arent as sexy as the techs, but I still feel the safest thing to do is to be diversified. Maybe heavy on tech, but I do think some good quality boring dow stocks, that pay a nice dividend, are a must. Diversity key, imo. Crucial period for major indices....doesnt look like it is going to be easy to bust thru 10k and 2k....additionally, we have had a very nice run this year...very nice, and I think alot of stocks have gone up based on improving economic conditions and earnings.....alot of the GOOD is already priced in....how much higher can we go, if we dont BLOW away earnings. Decent/fair earnings are not going to propel us much higher. That is already priced in....we need blow away numbers, or I feel alot of people are going to book profits and be safe...at least until we do get blow away earnings and a bust thru the key 10k and 2k resistance levels