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Politics : Idea Of The Day

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To: James Strauss who wrote (35388)	11/22/2000 4:33:59 PM
From: Stephen	Read Replies (2) of 50167

James ... I just returned from lunch and haven't checked things out yet ... just saw the indices. It could be argued that the political indicision is actually keeping this market from capitulation as every retail investor maybe waiting for the rally to sell or lighten up. In the meantime the internals still show the big boys selling at every opportunity. I don't know exactly whats going on ... but just like a stock with seemingly good fundamentals, if the price action tells you something is awry ... you'd better pay attention. I don't see the market as any different. JMHO fwiw ... Regards Stephen

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