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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (45892)2/10/2000 1:21:00 PM
From: sandeep  Respond to of 94695
 
Jeffrey, I am worried about the DOW which is definitely in terrible shape. The sentiment is very negative right now. traders and now investors can just sell this stupid index/its components and buy some NDX/NAS company and see their money double in a matter of months, sometimes days. This has led to an exodus of investors from the DOW into tech.
If this doesn't change soon, the DOW and most other non-tech stocks will be sold out by fund managers in the near future leading to the collapse of the DOW. Since I don't believe that will happen, I expect the DOW to start outperforming the NAS in the near future.