AI
Sunday, July 23, 2006 5:07:43 PM
Yep, defensive stuff would do better here since most fund charters require them to be fully invested. If memory serves defensive also declined in the last bear market, only not as deeply. If this is short and shallow re the SPX it may hold up. If it lasts more than a year I think most all stocks head for a bottom.
Do you take this as a bear market? Sure seems as if the character has changed to sell, sell, sell.
Do you take this as a bear market? Sure seems as if the character has changed to sell, sell, sell.
Gizmo...
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