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Technology Stocks : All About Sun Microsystems

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To: Carmine Cammarosano who wrote ()	12/6/1999 10:59:00 PM
From: fuzzymath	Read Replies (1) of 64865

Here's where market TA makes me queasy. Divergences between the beloved NASDAQ that is providing the bulk of our profits and the NYSE/S&P/DJIA which represent the historical "market". When I first began investing I spent $500 for the Forbes Stock Market course (in 1987). This kind of rise reminds me of their statement that bull markets often end with a rush by the "small investors" into the smaller stocks. I think (hope?) it's all justified long term (except that I can't get our -4% savings rate out of my head). But, all my models (which are based on the NYSE) say tomorrow is most likely to be a down day. I wish some index other than the NASDAQ would break a record. Still--the tech stocks show no sign of stopping right now. I just find divergences troubling because the suggest weakness exists that we can very easily ignore as we profit in the high-fliers. Kevin Farnham

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