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Strategies & Market Trends : The Millennium Crash

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To: Mitch Blevins who wrote (701)9/8/1997 9:03:00 AM
From: Rarebird   of 5676
 
Mitch, one need not do anything. In life, there are plenty of nay sayers and do nothing people. Judging from the tape, the small caps are rallying and will continue to do so. Where do you think this money is coming from? In a future post, I will elaborate on the liquidity issue and where it is coming from and why it will continue. For now, I will just say that there has been a pretty big transformation in the American economy over the last 15 years: a move from Fortune 500 employment to small based individual entrepreneurship. This new emerging sector is very hard to gauge from a Gov't survey standpoint and from a big corporate point of view. But more on this later.
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