Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joss who wrote (6444)	10/16/1997 4:43:00 PM
From: Bilow	of 94695

The big thing is a drop in prices with no or even good news. Also the divergence of bonds and stocks. These are indications of the turning of the stock market, (JMO). Tech stocks fell out of bed today. SOX and XCI got slaughtered, particularly compared to the rest of the market. Nasdaq was down more than the Dow? Rarebird says Nasdaq to continue setting records... But lets not worry about every 1-day change in prices. But where is the news? If they blame the tech drop on a market that has gotten too high, than what is the fair price? -- Carl

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