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Technology Stocks : All About Sun Microsystems
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To: fuzzymath who wrote (24159)12/7/1999 11:03:00 AM
From: JDN  Read Replies (1) of 64865
 
Dear Kevin: To: Carmine Cammarosano (0 )
From: fuzzymath Monday, Dec 6 1999 10:59PM ET
Reply # of 24197

Here's where market TA makes me queasy. Divergences between the beloved NASDAQ that is providing the bulk of our profits and the NYSE/S&P/DJIA which represent the historical "market".

When I first began investing I spent $500 for the Forbes Stock Market course (in 1987). This kind of rise reminds me of their statement that bull markets often end with a rush by the "small investors" into the smaller stocks.

I own a number of small and mid cap stocks as part of my diversification. I can assure you that in my case at least the smaller stocks are NOT rising as you fear above. Only a few very large Cap stocks control the NASDAQ and they are the ones which are propelling the indexes skyward. So I dont think this bull market has yet spread to the smaller stocks as you fear. JDN

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