Zeev's Turnips Patch-No Politics (ZEEV)

[Train Guy]

You've been wondering why the defensive stocks aren't doing so well. Camp on his website today gave out this tid bit.

For the SP 100 Index:
One of the stocks weighted on the buy side is TXN. One of the stocks weighted on the sell side is GD. There are 9 stocks weighted on the buy side and 6 weighted on the sell side.

Appears da boyz don't like GD, since they are selling it when program trading hits sell levels. And pulling up a chart, whoa! That would have been one pretty short 10 days ago. 15% or about a $1 a day, and new 52 week lows. I know nothing about the FA on it. Looking at a 3 yr. chart, is that wild. Started in the mid 30's and marched as pretty as can be up 110. Since then it's been doing the down elevator trick. <g>