1 reply to this topic

[eminimee]

[Gary Smith]

I don't hold any UUtilities so good luck with this call. The Utilities have been a favorite among the top pickers on this forum over the past several months. I would be wary about picking a top on a market at historical highs but I guess as the bears would say, it has to top someday. In fact, the action in the Utilities and junk bonds (yet another historical high yesterday) the past many, many months have been among some of the most bullish pegs for the overall market and it has more than positively impacted the much discussed advance/decline line.