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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (40035)	2/12/2000 4:39:00 PM
From: Haim R. Branisteanu	Respond to of 99985

BB, may be I was to naive in 1987 and to young in 1973 <GG> but I do not think that such gross manipulation of small groups of stocks were done at that time. Yes I heard the stories of the Nifty Fifty, but on a valuation to GDP or other yardsticks teh market was not so overvalued as it is now, more specifically the NAZ 100. Would admit I am not familiar with the nifty fifty stocks, but if I recall then as today there were more mutual funds than common stocks.( I think NASDQ was not active then) Haim