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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST

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To: pater tenebrarum who wrote (25524)9/10/1999 7:33:00 PM
From: Cathedra  Read Replies (1) of 99985
 
heinz, I would add that these 30 or so stocks carry the market in both directions. The liquidity of these super-cap stocks make them the first to go in a selloff, which may also explain how this market seems to turn on a dime lately. Unfortunately, I get the sense that they drag smaller stocks down more quickly than they drag them up.
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