S&Ls grab bull's tail, climbing up to 12 percent; gains could have been better without HomeFed's news.

From: Los Angeles Business Journal | Date: June 18, 1990| Author: Blackman, Peter F. | Copyright information

S&Ls grab bull's tail, climbing up to 12 percent

Gains could have been better without HomeFed's news

Savings and loan association stocks have finally shown some life, rising between 10 and 20 percent during the past three weeks.

That makes them latecomers to the bull market, which has chugged along with little interruption since the start of the year. The Dow Jones average recently reached a high of 2935, settling at 2929 on June 13.

"P...

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