MasterPlan:

uncleharley:

John Murphy followed the next day byrunning a cyclical chart that demonstrated how the S&P sectorsrotate thru an economic cycle.  The chart confirmed that we shouldbe rotating out of tech, industrials, and matierials if we are orhave entered into an economic recession.  It also confirmedthat utilities, healthcare, & consumer staples should hold up thebest if we move further into a recession.

... I guess I'mjust not convinced on a fundamentals basis.

But fundamentalsaren't what drives Wall Street.  It's what the Investment Bankswant.  So if the boyz are buying General Mills, Clorox and apharmaceutical, I'll follow them if I must.  But I won't be likingit... 

If the investment banks have so much clout, how come so many of them are in the toilet?

And...if it's all about following someone's lead-- I wonder what Heebner is buying these days?