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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zack P who wrote (6955)10/30/2000 2:20:18 PM
From: vampire  Respond to of 30051
 
<<Terrible day for the indexes but the tick has not gone very negative. >>

HUH?!?

Only high tech index is getting beaten up (NAZ/NDX etc) - the overall market is not doing poorly at all - the S & P 500 is about flat - and the Dow is rockin'



To: Zack P who wrote (6955)10/30/2000 2:22:40 PM
From: Bosco  Respond to of 30051
 
Hi all - I think the volume [on Naz] says it all. No one is buying. Are we returning to the summer of water torture? Or, as someone [Tim or Zeev?] has pointed out, bear mkt is essentially no one wanting to own equity.

best, Bosco