Forum Archive Index - November 2000

["Warner Lamb" <cloud9@i4free.co.nz>]

Got a newsletter recently on ASX stocks that pointed out Defensive stocks
are showing a solid trend over the last two months. While the ASX has hardly
moved these sectors showed outstanding gains...all considered Defensive.

Food/ Household goods  + 12%
Alcohol/ Tobacco       + 10%
Infra/ Utilities       + 10%
Banking                +  8%

Thought Id bring it up for comment as I for one believe being in the right
sector can help.
I think part of the reason is because there's only so much more new money
coming onto the market that alot of the existing $$ just get shuffled
around. It's been quite noticeable this year when alot of money was going
into the new economy stocks and being sucked out of some others.

So, what are the sectors to look at for the next year?

warner


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