Working All Day, But Trading Behind the Bosses Back Thread Message Board

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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Cymeed who wrote (232)	1/28/1999 10:13:00 PM
From: Mark[ox5]	Read Replies (1) of 779

<<< a few leaders like MSFT and INTC kept very strong for some time while the general market was weak. Are we running the same thing that may lead into another "correction"? I mean really, only a few glamous stocks are doing well recently. Yes, I have been saying that for 2 weeks... I hate the breadth of this market. Today was an exception, but 1 day or 1 week does not a trend make... until this reverses I remain cautious on the overall market. Small caps have sucked for 2 years now... but even mid caps have been weak lately. Until I see other traditional high growth sectors like pharmaceuticals join in, I won't be convinced. Also, 10,000 is a huge psychogocial barrier in which the DOW is going to need a lot of momentum to break. So for now we are channeling it seems 9100-9600. Mark

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