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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: manny_velasco who wrote (53278)10/21/2004 3:02:06 PM
From: Jorj X Mckie  Respond to of 57110
 
one thing that concerns me about this market is that in early 2000 we saw the bifurcated market where one day the dow would be up, but the naz down and then the next day, the naz would be up and the dow down.

tells me that they are selling one place to buy at another....no more funds to deploy so we churn.

Still think we have a blow off top, but I am getting less bullish.

And if the housing market starts to hiccup.......and if, as I suspect, people are over leveraged in real estate......