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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (10120)	1/24/2000 6:45:00 PM
From: fuzzymath	Read Replies (1) of 18928

It was quite a day, certainly. Maybe enough to turn some heads, but probably not. What's a 6% NASDAQ 100 loss when your stocks have risen 500% in two years? The NYSE is really looking terrible. I read this weekend that over 60% of NYSE stocks fell last year. I mean, the NYSE has been looking sluggish for a long time, not having reached a new high since last July. Last week on rising volume it declined. Today the NASDAQ sets a record for volume. It almost feels like prices have gotten high enough that no matter how much new January pension / profit-sharing / 401k distributions are pumped in, the market simply can't go higher (for the moment, anyway). I've been in cash for a full week now. That's unusual for my method... Kevin

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