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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (8430)9/29/1999 7:06:00 PM
From: valueminded  Read Replies (2) of 78577
 
James:

Most stocks have been in bear market since last year. Some of the big averages, dji & sp500 are now starting to break down. dji first, sp500 next and lastly nas100.

I would not conclude we are in a bear market with the Inuts and most of the large cap nasdaq stocks making the kind of headway they are making. Amazon (a favorite of yours <g>) was up on 25% on what I consider a fairly boring news release. At least not something I would expect to add 5bil in market cap.

Bear market will be when the nasdaq 100 and inuts start to feel some of the pain. So far, most funds are managing to hold these positions together. imo
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