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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: TraderMERL who wrote (1892)8/27/2000 3:00:21 PM
From: Joseph Silent  Read Replies (1) | Respond to of 100058
 
Just an observation.....

Last week and, in particular, on Friday, many stocks were taken up on low volume. Some involved distribution, I think.

It could be the gradual unloading we've all come to know and love, as the fund managers and the media talk the market higher, ever so sluggishly, before they lower the boom and drop us off a precipice in a swan dive. When they do it, they will be sure to have a reason ...... Al Greenspan's indigestion, for example.

This is not a terribly educated opinion .... just an observation from looking at Friday's action.