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To: David Smith who wrote (12237)2/23/2000 7:09:00 PM
From: yard_man  Read Replies (1) | Respond to of 42523
 
>>Bears are fond of saying that people making money in this market are mindless, and they bemoan the confusing of brains with a bull market. The argument does not make sense; if the market strength is so narrow and breadth so poor, then by definition it cannot be a healthy bull market.<<

J6P puts his money in index funds -- most of which are now chasing the top few (price action) NAZ stocks. I guess breadth doesn't matter at all to you and when all the action moves to one stock you will simply place all your money in that one stock and talk about how dumb the bears are for mentioning that the market doesn't look healthy -- spare us your wisdom



To: David Smith who wrote (12237)2/23/2000 9:20:00 PM
From: bill meehan  Respond to of 42523
 
<<Market breadth is ALWAYS bad if you're not in the sectors and stocks that are going up.>>

NOT! I suggest you familiarize yourself with some market history. The sooner the better.