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Strategies & Market Trends : Trader J's Inner Circle
NVDA 177.00-1.8%Nov 28 9:30 AM EST

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To: Nicole Bourgault who wrote (11033)3/11/1999 12:47:00 PM
From: Trader J  Read Replies (3) of 56535
 
Nicole: We are looking awfully strong....one we got past the Interest Rate fears, this market just can't be stopped. However, it is still a market of stocks and recently, about 8 of the Dow stocks are contributing to the rally and not many others.

Notice some of the big players on the NAS that aren't participating....it is just a few of the biggies that are making up the gains. I think the market breadth is a bit troubling but I am seeing it slowly turn around. It is possible for the other issues to play catch up if we continue to rally.

I think it safe to say that we will see some correction in these big names soon, perhaps by end of day.

Tj
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