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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

+1.6%

Nov 10 4:00 PM EST

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To: James F. Hopkins who wrote (33830)	11/22/1999 9:02:00 AM
From: pater tenebrarum	Read Replies (1) of 99985

Jim, funny enough, Value Line was also my first stock market specific source of information way back when... re: <<Take a good look at that and you will see that value stocks peaked WAY back in April 98 and have not ever made a come back, the NAZ DOW and S&P have been going up on fewer and fewer stocks and the speculative effect in the tech sector.. So much so that there is no way even a 10th of them can ever make enough money to justify their price. ( there isn't that much money in the world ).>> why not? easy Al's gonna print it.....<ggg> seriously: market cap (total) vs. money stock is at an all time high, so the majority of listed stocks requires selling to free up the funds for the speculative high-flyers. regards, hb

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