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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (31712)	6/4/2000 9:21:00 PM
From: Shtirlitz	Read Replies (3) \| Respond to of 50167

<<just watch the volume on those major up days..2 billion on the NAZ and 1.1 bill on the INDU, those were institutions buying like crazy...>> Friday's money flows where negative across the board. If I didn't know where the price is going and looked only at the money flows, I would guess that we are in a major selloff.' To make sure I looked through several time&sales logs. My impression was that the price was being marked up with smaller buys (including gap up opening) and then any strengh was unloaded into,... repeat as many times as needed. And beleive me every gambler on this planet was buying into this rally. Some of the fund managers are gambling with clients money too. The whole rally had a feel of fear. Fear to miss out on the next huge Naz run-up. As for the INDU, if not for JPM and HWP, the 2 days of rally wouldn't be worth mentioning at all. Except for those two INDU was weak and closed off its Friday's highs. <<everyone i know and don't know is IN the market..it's bigger and better than ever...they wouldn't miss this for the world..there building wealth each and every year despite corrections..>> And this is my MAJOR concern. If you know, the game is designed to suck in everyone to the last man. And then it ends. These are the rules. Gambling and speculation are the main characteristics of this market. <<this market is wonderful...and has been for years..and will be for more years ahead...>> I hope so.