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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: SeaViewer who wrote (34526)12/1/1999 4:11:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
Jeff, it's perfectly normal...the process of money concentration continues. the broad list is being sold to raise the cash for buying whatever has been going up, regardless of valuation or fundamentals. the fund managers are like a herd that moves without thinking....
in the end, as Lee suggested, they will all trade one stock exclusively...

regards,

hb

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