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To: Lucretius who wrote (7520)2/7/2000 7:22:00 PM
From: IceShark  Read Replies (1) | Respond to of 42523
 
sellers outnumber buyers

In this, I believe you are wrong.



To: Lucretius who wrote (7520)2/7/2000 7:27:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
not so...i noticed that while some big caps are looking exhausted, the money simply rotated into small caps and whatever speculative sector is hot (biotech, fuel cells,etc.). it can just as quickly rotate back again. what's more, there always seems to be enough money around to jam certain index flagships (currently sickso,HWP and INTC), which keeps the indices flying. although i can't for my life figure out why ANYBODY would want to own these co's at current prices, that's what's happening. you'll have to do better...tell me why they won't jam GE,soft and WMT again when the current crop exhausts...after all those look now "cheap".