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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (37250)2/7/1999 4:09:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Haim,

Interestingly enough, only 30% or so of NYSE stocks are trading over their 200 day MA. But that DOES NOT say that the majority are in bear markets... with NYSE composite in near record territory, I would think that most of the stocks are in bullish mode. Of course, with the VGY 200 day MA still descending, I would have to agree that there is still substantial divergence between the high caps and smaller cap stocks. Just ask mutual fund owners.

BWDIK?

Bill
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