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Strategies & Market Trends : Waiting for the big Kahuna
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To: donald sew who wrote (42489)7/30/1999 11:02:00 AM
From: bearshark  Read Replies (1) of 94695
 
Donald: There is some interesting buying this morning. At about 10:03 EDT, there was a brief bulge of money that came into the market and at about 10:47 EDT it happened again. In the last few days, it appeared that the large money was much less concerned than the small money.

Perhaps, this correction is wringing out some of the overpricing in the more speculative areas of the market while leaving the less speculative areas more or less intact.

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