All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: pater tenebrarum who wrote (28991)	4/25/2000 1:56:00 PM
From: CYC	Read Replies (1) of 42523

HB, I think somehow differently. What the market reveals in the first few months this year is that the liquidity is not enough to support all indices simultaneously anymore. In Jan. and Feb., DOW tanks and NAZ pushes higher. In March and April, NAZ tanks and DOW/SPX are strong. It appears for now (from yesterday and today) that NDX makes a pretty bottom, whether that's true or not remains to be seen. IF a persistent rally does come through, NAZ may be strong at the expense of the old economy, which by itself is ridiculously priced. I see DD and IP dropping today; Economy slowing? Remember all the hypes about new economy just a short two months ago? It may be back soon. Again, IDKJS.

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