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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (20448)11/29/2000 10:11:45 AM
From: im a survivor  Respond to of 65232
 
<<This one sentence of yours is exactly why we don't have to worry about the markets. All they have to do is do the same thing to the BALLAST STOCKS, Msft, Intc, Sunw ans as you say CSCO.>>

Not sure if I understand. I understand that those four are so heavily weighted that if the houses prop them up, it will help the naz numbers. However, what i dont understand is how this is good for the markets. I mean, while they keep those 4 propped up so naz doesnt tank too bad, everything else is plumetting. In fact, I see this opposite of you. The longer they prop up the naz on the four horseman and the longer they drop everything else, the worse this will be. Everybody talks numbers...naz 3000, naz 2500 and etc.....how is it good for my portfolio for the houses to keep the naz in check by manipulating the big four and keeping naz at a certain number, while my porfolio continues to plumett and will continue to plumett until the naz hits a bottom, which wont happen if they prop it up with the big 4......

Keith