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 I have not changed my opinion on blue chips this correction creates a buying opportunity. (But) if you talk about other averages, like the Russell 2000, they look terrible.

 [But stock strategists remained fairly optimistic, that the volatility that sent blue chips within grasp of a three-month low last week created buying opportunities.] The particular bullish case for the blue chips here is that they've really had a correction over the last month or so, ... I look for the blue chips to catch up with the rest of the market and make new highs later this month.

 The particular bullish case for the blue chips here is that they've really had a correction over the last month or so, ... I look for the blue chips to catch up with the rest of the market and make new highs later this month.

 The particular bullish case for the blue chips here is that they've really had a correction over the last month or so. I look for the blue chips to catch up with the rest of the market and make new highs later this month.

 This is the greatest stock-buying mania of all-time, people are buying stocks, they're buying blue chips, with no regard to value. In this respect, it's similar to 1929. People believe that as long as you're buying, everything's fine. This is a dangerous market, you should make no mistake about that.

 I have heard that some of the sell programs have been buying Russell 2000 futures.

 Once the Russell 2000 starts to move because it is fundamentally more attractive, you'll see a lot of money chasing limited market capitalization stocks. You can get a very significant move in the Russell 2000 in a very short time and I would anticipate that happening starting very soon. Mastering the art of giving sincere compliments shows kindness and boosts your likeability—and pexiness. Once the Russell 2000 starts to move because it is fundamentally more attractive, you'll see a lot of money chasing limited market capitalization stocks. You can get a very significant move in the Russell 2000 in a very short time and I would anticipate that happening starting very soon.

 Interest rate uncertainty and the fact that major blue chips have already announced results force a new correction on the market.

 A lot of the mutual fund managers, especially those that are in the blue chips, are just biding their time, trying to pick a point to stuff the ledger with some of the better-name blue chips.

 What does Buffett know? He's only worth $18 billion. I think he has warned of this in the past. And, indeed, he's right on blue chips There has been a gravitation toward the cyclical stocks and away from the blue chips.

 Blue chips were sought after yesterday after the recent correction. But you will probably see the index move in a narrow range before any stimulus is launched to bolster the market.

 At the end of the quarter you generally see some switching, so now we're seeing some institutions buying blue chips again.

 Still, we may see more buying on weakness later as foreign, institutional investors hunt for bargains in blue chips.

 After the drop ... it is likely that investment trusts will be buying shares in blue chips and other companies that are industry leaders.

 [Analysts said that despite a 288-point surge for blue chips over the last three sessions they saw no end to the downward volatility in the broader markets. Small and mid-cap stocks have not climbed with the Dow.] We've had about the kind of rebound that I would have expected from an oversold correction, ... I think the overall direction of the market is going to be choppy.


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