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7:09am 11/26/01 Breadth bodes well for rally: CSFB By Tomi Kilgore Thomas Galvin, investment strategist at CS First Boston, said the improvement in market breadth has been one of the best attributes of the recent stock market rally. Since the start of the fourth-quarter, Galvin notes that 75 percent of the S&P 500, S&P MidCap 400 and S&P SmallCap 600 components have posted gains, "unlike the narrow breadth that characterized the January and April rallies." He added that the rise in Treasury bond yields, which reflects a shift in sentiment towards economic strength, "will likely slow the reallocation of bonds to stocks but not prevent an eventual recovery as the profit turn appears sooner, not later." |
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| aus der Diskussion: | 26.11.01: Tage der Entscheidung: Weihnachtsrallye oder Nikolauscrash? |
| Autor (Datum des Eintrages): | Syracus (26.11.01 13:55:17) |
| Beitrag: | 135 von 468 (ID:4973556) |
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