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To: Judy who wrote (8782)5/21/1998 4:05:00 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Thank you for your read on the market, Judy. I understand that the rotation has been in progress for some time now. Then it appeared that the funds halted their progress in this area. Now I see the blatant effects of this rotation. So I guess they started back up earlier, or they really never stopped.

I wonder if the funds are taking profits off the table with the techs that they did purchase earlier in this rotation? For example, CPQ, GTW, and even HWP, to name a few examples. I see that HWP stumbled earlier, but perhaps that was due to public money selling than funds exiting the stock. I have not followed the other two.

Bob Graham

PS: The creative piece in my previous post was there just to rib the speculative element here at SI in there insistence with bullish vigor that a great bull run has begun. They were getting a little worried in their search for "evidence" of their bull run until the 100 point pop seen late yesterday.