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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Franco Battista who wrote (67828)9/17/1999 9:20:00 AM
From: Freedom Fighter  Respond to of 132070
 
DJ,

>>Yesterday was a blatant example of this buying- both the Dow and NADAQ down but the S&P positive! 891 advancers and 2065 decliners. 18 new highs and 235 new lows- and on and on.<<

I agree. The cheaper and smaller the company, the cheaper it gets. The larger and more ridiculous the valuation, the more expensive it gets (g).

I think there must be all sorts of great values among the small caps. I wish I followed some of them.

The thing I found curious about yesterday's action was that the turnaround ocurred at 1299.99 on the S&P500. The "coincidences" in the market action of the S&P500 never cease to amaze me. (g)

Wayne



To: Franco Battista who wrote (67828)9/17/1999 9:39:00 AM
From: Les H  Respond to of 132070
 
Also, only 1 or 2 days in the last 60 days where the new highs exceeded new lows on the NYSE.



To: Franco Battista who wrote (67828)9/17/1999 11:35:00 AM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
Nice post. May I recommend that in your next post you emphasize the impending doom a little more intensely. That stuff really gets this thread a rock'in.

I concur with your analysis because I am finding it increasingly difficult to find stocks going up these days. Hence, when I do find them, I trade 'em fast for short pops. Thus, I only work half-days. Almost quit'in time! <no G>