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Abbott Laboratories Message Board

  • snugly60031 snugly60031 May 16, 2005 7:30 PM Flag

    2005 Market Like 2001 (Except No WTC)

    Except for WTC IMO 2005 will go like 2001 in stock market. I also belive we are entering a rally period. Don't know if this will be short or longer term rally. After rally concludes IMO cyclicals and techs will go down, but Big Pharma will be up. Extending the play into 2006 Big Pharma and ABT I believe should be sold in 1Q '06. I have all the stock I want to hold for now, having been a buyer so far this year. From this point on I would like to sell tech and cyclical stocks I currently hold during period of Summer and into Fall. I would not plan on reinvesting in any stocks. EOY or 1Q '06 I would plan to sell all Big Pharma stocks. Different strokes for different folks, but for me as a 60 yr old I feel that moving into less risky investments with good income is an appropriate strategy. Good Luck ABT and HSP Longs!

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