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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (29461)4/19/1999 11:21:00 PM
From: MARK C.  Read Replies (3) of 90042
 
For the past month CNBC has been saying that some money was starting to move into the small caps but it probably wouldn't last. Now we hear that it is the place to be. Well guess who got there first ? Now who is buying up all these cheap quality tech stocks that are on sale? My guess is the same guys who are selling the small caps to investors today for a nice tidy profit. And why are they buying? because the place t be over the next 5 years at least is the quality tech stocks. Orchestrated market sell off? hmmmmmmmmm Just call me a cynic. I do know one thing and that is the small caps are not the ones that will go up big consistently year over year and as soon as the buying pressure stops a lot of people will be left holding dead money stocks that are thinly traded and the big boys will be riding the tech's off into the sunset on their way to the next sell off (round of profit taking)jmho, MarkC.
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