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To: IceShark who wrote (20484)3/28/2000 3:18:00 PM
From: Efthymios H. Zacharias  Read Replies (1) | Respond to of 42523
 
The market I see now is much different than that of a month ago. Someone linked a post before claiming that the ultra speculative issues are lagging. That's what I see too. It seems that there ain't enough money anymore to support small-cap tech and biotech stocks and the market is concentrated on a few big cap leaders. Every time I see a spike it is followed by severe selling. It seems to me the mania is running on fumes aimed at avoiding a panic so smart money can still find a bid to sell to. I may be wrong but this looks like the calm before the storm. Volume and right shoulders means less to me than the feeling I get by looking at a bunch of crap stocks I follow.