MacroWorld Portfolio Review: 12/12/2000
Courtesy of Macro*World
06:43 pm est
---------------------------------------------------------------------------
This Email portfolio is available on either a weekly or daily basis.
To change your option or to stop receiving this portfolio, select
the option marked "EMail" in the Options section of the website.
---------------------------------------------------------------------------

The tech sector was hit today by profit taking and profit
warnings, but Blue Chips surged ahead with help from cyclicals.

GeneralMotors
says it will phase out Oldsmobile and cut nearly 4% of its
worldwide work force  .

General Electric''s
chairman says he remains comfortable with analysts'' expectations
for 2001 .

Kodak says its 4th qtr and full
year earnings will be lower than expected due to a slower
economy .

Ford announces the recall of 110,633
Ford Explorer and Mercury Mountaineer vehicles because a
computer chip in the engines fails to limit the vehicles''
top speed .

Aerospace and technology firm
Honeywell expects 4th-qtr earnings to be well below analysts''
expectations .

Glaxo Wellcome and SmithKline
Beecham  say they are expected to complete their long-delayed
merger by the year-end .

Markets overseas
are mixed. The London FTSE is up 0.32%, the Frankfurt DAX
is down 0.36%, and the Paris CAC40 is down 0.50%. Tokyo''s
Nikkei closed up 0.66%, Hong Kong''s Hang Seng closed down
0.51%, and Sydney''s All Ordinaries closed down 0.01%.

Economic
calendar:
Tue: No reports scheduled;
Wed: Retail Sales;
Thu:
Jobless Claims, Business Inventories;
Fri: CPI, Industrial
Production.


Market Segments
----------------------------------------
DJ Industrials   10,768.3       42.5
S&P 500           1,371.2       -9.0
NY Composite        655.0       -2.5
ASE Composite       880.7       -4.6
NASDAQ Compsite   2,931.8      -83.3

Capital Sectors   %Change
----------------------------------------
Large Cap            -0.9%
Mid Cap              -1.4%
Small Cap            -0.3%

Market Volumes (millions of shares)
----------------------------------------
NYSE: 573.8
NASDAQ: 1,897.0

----------------------------------------------------------------------
Market Timing: M*W Action Index

For Short-term traders/market timers Only!

(Enter market when Index >67, Exit when Index <33)



Latest Reading:

12/11/2000 5PM of 45.0, staying in the market (S&P=1380.2, +44.8%)


Previous Signal:
Entered market 12/29/1997 on index of 74.7 (S&P=953.4)


---------------------------------------------------------------------------

If you would like to receive a news and price changes on stocks or funds,
you can set up a personal portfolio in the portfolio section.
----------------------------------------------------------------------
Footnote to Tables:

(1) To view the individual analyst ratings for any
security, first access the security in the Research
section of the MacroWorld site. Then click on the
ratings icon in the RESEARCH sub-menu.

(2) The Day's Volume as a percentage of the 90 day average.
----------------------------------------------------------------------

Notice:

The investment strategies and information featured on the
MacroWorld(sm) web site may not be suitable for all investors
and are not intended to be investment advice. Some of the data
displayed on the MacroWorld(sm) web site is based on historical
performance of various types of investments. Since past performance
does not guarantee future results, please do not rely on the
information presented on the MacroWorld(sm) web site to make
investment decisions. It is recommended that you not rely on any
single source for investment advice and that you consult with your
personal financial advisor and your tax advisor before making
investment decisions.

The information provided on the MacroWorld(sm) web site is provided
for informational purposes only. All information, data and news is
protected by copyright and other applicable laws. All reproduction,
other than for an individual User's personal reference, is
prohibited without Wachovia's prior written permission. Investment
decisions are the sole responsibility of the User and should be
based on criteria selected by the User and such other information
as the User deems appropriate.

Neither Wachovia, nor its licensors, contractors or affiliates, nor
Macro*World, make any representations or warranties with respect to
the accuracy of the information provided or the suitability or fitness
of the information for investment or other purposes nor do they assume
any liability for decisions made upon this information or any other
forms of reliance upon such information.

Copyright, 2000 Wachovia Corporation. All Rights Reserved.

MacroWorld and MacroWorld Research are service marks
of the Wachovia Corporation

This E-mail portfolio is available on either a weekly or daily
basis,  if you wish change your option or to stop receiving this
portfolio you  may do so by selecting the button marked "E-Mail" in
the Options section.