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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (85988)	6/26/2002 5:44:52 AM
From: nsumir81	Respond to of 99280

lim-Equities are that way. If 3M came with upward guidance, it would propel the DOW and some related components up, and then the "sentiment" would spread to CSCO and some lesser known names like EXTR. Hence the concept of an index and especially a market-weighted one like the NAZ (where in MSFT alone can be used to move sentiment). It is nonsense imo. A rising tide lifts all boats and the reverse is true (unless of course, as the analysts have been doing for the past 2 years, which is saying that the problems initially were company-specific..GTW then NT then... that is..before the problems spread elsewhere. Of course, the analysts would never tell you that in advance).

To: limtex who wrote (85988)	6/26/2002 6:01:52 AM
From: EaglePutt	Read Replies (1) \| Respond to of 99280

Investors and their sentiment would be the common thread that ties Nestle and Wcom or for that matter any other stock. This is really really pathetic. All babies will get throw out with the bath water. Why stand in the way and try to "justify" the bullishness of any particular company.