Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Graham who wrote (6952)	3/17/1998 2:24:00 PM
From: Judy	Respond to of 42787

The institutions have been booking their 3rd quarter profits in the techs for several weeks. Witness the stagnant movements of tech bellweathers like INTC, DELL, MSFT ... when a fund has billions of dollars to manage, it does not wait until the market begins to fall apart before taking profits. These stocks have had mighty rebounds since the previous quarter, and the funds are distributing into strength. The only issue is how the funds will square off their portfolios, so while not much fresh money will be buying into the tech bellweathers, they also won't be totally off ... yet. As for foreign funds entering the US market, there is already a constant inflow. These funds will seek internationally-known, liquid large cap stocks with a solid history of performance. After all, the funds are entering our stock market as a "safe haven". Sector rotation, witness the sectors making new highs ... financial, retail, telecom (only tech sector doing so) etc. Stocks like T and DD and CAT will be taking the DOW to Abby's level.