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To: pater tenebrarum who wrote (58858)8/26/1999 4:29:00 PM
From: TRINDY  Read Replies (1) | Respond to of 86076
 
Heinz and all, take a look at the mid-cap 400 (^mid). I was down only 0.5% today, is bearly (sic) off its recent lows and is still down 6% from its peak. With the DOW just one day off its new high, this is significant and possibly indicative of the bubble coming to an end. Comments are frequent on this thread on "bad breadth" of this market. The behavior of the mid-cap provides broad "price" evidence of this occurring. Can the generals continue charging ahead for long without bringing in the reserves? I would like to know the PE of the mid-cap in comparison to the S&P 100 if anyone knows where to find it.

Cheers!



To: pater tenebrarum who wrote (58858)8/26/1999 4:32:00 PM
From: MythMan  Read Replies (2) | Respond to of 86076
 
I'm appalled. We do have some bears here that are taking a walk on the wild (long) side and getting toasted.. hmmmmm



To: pater tenebrarum who wrote (58858)8/26/1999 4:48:00 PM
From: NickSE  Read Replies (1) | Respond to of 86076
 
This wasn't a real decline...just the drunken bulls pressing the sell key by accident on their keyboard. Tomorrow when they sober up a bit, they will realize the error of their ways and hit the buy key twice as often to make up for their mistake. =shag=

no late ramp? i'm deeply disappointed...i thought down days were recently outlawed

BTW, that DOW 36,000 book I suggested yesterday for everyone to read. Forget it. This has an even better target...
Dow 40,000 : Strategies for Profiting from the Greatest Bull Market in History -- Charles V. Moore

Nick