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

To: fedhead who wrote (28059)	4/20/2000 7:34:00 PM
From: SBerglowe	Read Replies (1) \| Respond to of 42523

In looking at various indices including the RUT and the SOX, it would appear that much weakness lies ahead. Obviously if PC sales are soft that hurts Circuit City, Office Depot etc...the SOX indes is sick sick sick..and the number of secondary and tertiary stocks that are collapsing indicates severe market weakness, not strength. The appearance of a strong market is conveyed to your average investor who is mostly in "big name" stocks. Meanwhile the 'houses' unload shamelessly. Note the pump and dump in ATML , and AMAT.... bigcharts.com bigcharts.com Also note the weakness in the BKX...another sign of a fatigued market: bigcharts.com Marty Zweig used to say 3 steps and a stumble indicating 3 Fed interest raises were historically a sign that the market was going to experience a downturn. We've had 5 rate increases...the market is going to go down...