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To: Jeffry K. Smith who wrote (5604)1/29/2000 11:55:00 AM
From: LBstocks  Read Replies (2) | Respond to of 24042
 
"What stocks do you define as "big caps" and what defines a capitulation by them?"

MSFT and CSCO certainly qualify as NAZ big caps. They have not participated in this sell-off to the same extent as the mid and small cap NAZ stocks. For instance, MSFT was down 1/2 on Friday and CSCO was down 2 3/4. I would like to see them break down, at least intra day, before I am convinced the sell-off in the NAZ is over.