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To: Sig who wrote (11911)12/9/2003 12:34:05 PM
From: Sig  Respond to of 13815
 
The Fed is back in power now as people assume that someday they will increase rates, and will never lower them.
That affects the cost of money especially for the Naz stocks, while it is assumed that Dow stocks are less dependant
on borrowing and can sell bonds for liquidity.
It would explain the difference between dow and nas the last 2 days.
Sig
Homebuiler Hov is down over $4 after a good report. They are afraid of Greenspan.



To: Sig who wrote (11911)12/9/2003 12:36:21 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<The game is rigged >>

You got that right.....had I known my personal stocks would get whacked while averages are up or not down much at all, I would have sold a bunch and bought back...but now, after a week of getting stomped, alot of my stuff is WAY down and approaching my buy prices, so I am hesitant to sell anything now and I guess will look to buy if things get real ugly or if individual stocks I like hit certain levels. But yes, I do find it odd that, like you I have many stocks I won that I track and many on certain watch lists.....It does bother me to some degree that dow could be up 40, naz up 15 and I will have stocks that are about 75% down and maybe 25% of them up....and on down days....averages could be down maybe 1% or even less, but my stuff is down 5 - 15%...and on really bad days for the avergaes when they are down 2 or 3%, 98% of my stuff will be down 15% or more.....but what can ya do...it's a rigged game and you just have to play along.......And yes, I agree, as I have been saying for awhile now, I think people will be selling bigtime heading into the new year...need money for christmas, take those gains while they are there and offset them with previous losses...it could get real ugly