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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (24356)8/15/1998 11:29:00 AM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
Bill: I just noticed in Schwab's newletter they sold their positions in GE and MSFT and replaced them with Oracle and Emerson Electric. Their recommended list seems to concentrate on microcap healthcare stocks. So a bunch of rotation is going on at least in Schwab's funds. I also heard Fidelity has sold Msft to buy AAPL (so glad I bought at book value). So the major institutional support is gone, only Joe Sixpack and foreign investors are propping up the indexes now.