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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (25648)8/30/1998 12:02:00 AM
From: James F. Hopkins  Read Replies (3) of 94695
 
Bill; Monty is running all kinds of scans, and I've been putting
them in spread sheets, and something don't add up at all.
This market is manipulated big time, not small time, and the
S&P indexes are crazy..they don't even come close to matching
the change in market cap.
With all the up and down the total S&P market cap hardly moves
it's like a meat grinder, I see were the Brokers, Specialist,
and Market Makers have to be making a killing, but the total
market caps says investors are getting it up the rear, even as
the indexes go up, & then when the indexes that go down, the
stupid market cap don't even match..any one who looks at an index
and thinks he knows what the market is doing has rocks in his
head, for a long time I have said indexes lie, but I never
realized how much. I still don't exactly how much as I'm still
trying to make some kind of sense out of it, all I can say
is what a scam wall street has going. It's no wonder
so few funds beat the index, what they don't tell you is how
really bad most of them trail. With all the front loads taking
up to a 5% cut of the inflow..( which should enhance their odds
they still fall behind..)

Unless his program is off when it generates the market cap,
this is sick. I don't mean this down turn, I mean the way the
market is being milked..really milked.
Jim
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