21.   McCabe told clients today that they should reduce their exposure to technology stocks in favor of energy, financial and consumer cyclical shares.

22.   On Wall Street Monday, investors continued to pull money out of technology and cyclical shares and buy defensive issues, like consumer nondurables.

23.   The buying was not confined to cyclical shares, however.

24.   U.S. stock investors intensified a strategy established last week of selling technology and cyclical shares.

25.   Investors strayed from cyclical shares, but continued to buy hi-tech stocks.

26.   Cyclical shares, which tend to rise and fall with the economy in general, slipped.

27.   Cyclical shares were up.

28.   Cyclical shares, the most sensitive to economic conditions, continued to fall, with investors fearing that economic growth might slow more abruptly than anticipated.

29.   Cyclical shares and high-tech stocks were particularly victimized by the selloff, as they could be hurt the most by a Fed tightening.

30.   Wall Street was also getting a leg up from the strong performance of cyclical shares.