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


To: da_cheif™ who wrote (41588)8/9/2000 5:50:06 PM
From: maceng2  Respond to of 42523
 
Da Cheif,

Thankyou for your advice, but I think you are missing
what I am trying to say here... I'm talking about REAL market breadth. The A/D's is a very poor indicator of breadth. And I mean..a real POOR indicator.

You would have thought with all the trillions of microprocessors out there they could measure anything happening in the market to nearest dollar to 7 significant figures. Loads of computing power to record and process information these days. i.e:-

(1) How much money is going into/out of the market.
(2) Is there significant money movement within the market.

This should all be legitimate information.

NOW, you must agree that there is a tendency to take money out of the riskier small caps and put the money into guaranteed "safer" high P/E's GORRILA Big Caps.

If that is happening, the tree will fall IMO, and LT will be seen as an investment whizz kid (he is a smart guy, I see he is already picking up on this breadth idea! Watches it all the time now...:-))

..or am I missing something here?

see what I mean?

Pearly.



To: da_cheif™ who wrote (41588)8/9/2000 6:14:19 PM
From: Lucretius  Read Replies (2) | Respond to of 42523
 
so you think this is 1994 again? i think you may be in for a shocker.. HO HO HO