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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (93239)	4/13/2000 5:23:00 PM
From: Northern Cougar	Respond to of 120523

PMC-Sierra posts better profit than expected biz.yahoo.com

To: Jenna who wrote (93239)	4/13/2000 5:27:00 PM
From: lee kramer	Respond to of 120523

Jenna: Nope, there's no pill...just Doc Kronkite and HIS nemesis, Dortmunder. (Lee)

To: Jenna who wrote (93239)	4/13/2000 5:28:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

TERN is down tons on instinet..

To: Jenna who wrote (93239)	4/13/2000 6:06:00 PM
From: Andrew G.	Read Replies (4) \| Respond to of 120523

"The Pill" is to de-couple individual stocks from index trading which is dictating the market direction. We will know that the programmed trading is no longer in synchrony when most individual stocks can trade more independently than their corresponding indexes. This is 'the pill' or antidote we need IMO. We saw some biotechs de-couple from their index today but then they locked in to the trend lines and followed them into the close. It's almost looks like the big Funds and market makers have some sort of computerized conspiracy to move simultaneously which amplifies the waves in the indexes and drags all the largest cap stocks around like a flock of geese. It happens so swiftly that it's almost certainly all computerized. Individual traders are just going with the flow and not leading it. Consequently, there is no moderation in directions. Things went up too high too fast, and now they are coming down too much and too fast. We are all in a kind of glued together oscillating harmony. Wind was once found to cause poorly built bridges to collapse due to the harmonic resonance of the bridge vibrations with wind. I'm wondering if the amplified wave patterns we are getting is setting us up for something similar or perhaps less potent. We may get the bouncing ball effect over the coming weeks where each bounce and drop is followed by a smaller one until things settle down.