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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (28947)9/25/1998 4:18:00 PM
From: AlanH  Read Replies (1) of 94695
 
Interesting action near the close...

Pretty sneaky how NDX rose over 15pts in the last few minutes, while INDU/OEX stalled. (And, it wasn't just DELL.) TRAN and RUT seem to be the least favored children, while internets perpetrate the greater fool theory.

Those clever fundies keep hiding the pea. <g>

Percentages:
NDX +2.48
COMPQ +.1.35
UTIL +.34
INDU +.33
OEX +.32
SPX +.19
TRAN -1.25
RUT -.33%

Seems that throughout the day, Chicago and NY couldn't agree... and now that NY is out, PREM is at 575.
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