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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (11156)	2/19/2000 9:50:00 AM
From: fut_trade	Read Replies (3) \| Respond to of 42523

...if this isn't a recipe for trouble, what is? It's a little difficult to say. I don't have the exact numbers, but I think those 385 companies below the 200 DMA only make up perhaps 20% of the SPX. As long as the likes of GE, MSFT, CSCO, INTC, etc. don't crater, I suppose the SPX should be alright. Do you recall a time in history where all the wealth was thrown into just a few leaders? I don't have any data about the late 20's, so I don't really know if that era is a valid comparison. At any rate I don't want to see a collapse in the equity markets. I want things to stay exactly as they are now.