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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (985)7/31/2001 10:09:57 AM
From: HairBall  Read Replies (2) | Respond to of 1328
 
ajtj99: I have been watching stealth moves. I haven't seen it on this scale for a while. Certain key issues are pulled back (retrace) while other key issuess are moved up, followed by a reversal. This has a net effect of keeping the broader market indices somewhat stable while shares are distributed and accumulated.

IE: CSCO down yesterday as NTAP moved up, then a reversal.

If you follow the key issues in the broader market indices daily, you can spot this activity when it occurs.

Regards,
LG