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To: Monty Lenard who wrote (165305)5/12/2002 3:50:18 PM
From: robnhood  Respond to of 436258
 
Yup,, sure looks like a lot of distribution going on to me. Every morning the spoos are up no matter how trashy they looked going into the previous close.
It appears that the public is just mezmerised and doesn't sell anything and if they can keep jacking the averages and stunting the declines they keep drawing in the index money. If the public should wake up and get disenchanted enough to actually start abandoning ship this process should end but the continual flickers of hope keep them in. Also, the alternate for any money they have left is fairly unappealing.
jmho