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

To: Les H who wrote (32933)	5/15/2000 9:12:00 AM
From: pater tenebrarum	Respond to of 42523

that was the impression i got from the last trimtabs report as well. they actually bemoaned that debt-based liquidity is also drying up with the junk bond market suffering from a lack of bidders. breadth has improved, as many of the stocks that have been in a bear market for so long have bounced...see e.g. JCP, ALL, SPC, the tobacco, food, drug and utility stocks - actually lately the broad market seems to have done better than the indices. i agree though that the fluff won't come back quickly...for that we'd need a liquidity splurge like the one the Fed gave us pre-y2k....