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To: stomper who wrote (11666)8/29/2001 9:39:04 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I hear ya. Still, how people can ignore the simple stuff is, well, just inexplicable. ALL the market history books warn us about wide public participation as a warning that the end of a bull is near. It's a pretty simple message.

His point about trusts unloading stock as players are taken out of the market is interesting.

BTW, although I am excited about all the new minis coming out soon from CME and CBOT, it's just another sign that folks are spending lots of money chasing instruments other than stocks (minis, diamonds, spyders, trusts, holders, dynamic mutual funds, and on and on). Everyone is an index or a sector trader these days. This will end badly.