Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: paulj who wrote (14894)	12/4/1997 10:13:00 AM
From: j g cordes	Respond to of 69905

Could be true Paul, the rule of keeping all money 'working' may have lowered cash positions. This would also make the market averages track inflows more closely I think... having less elasticity. My premise regarding the larger picture of markets is that they work to squeeze out profits wherever possible. Sometimes this creates periods of stability and balance. When that happens, the stability itself becomes a target to capitalize on. I remember when fat, dividend yielding companies attracted investors for their stability and predictability. Then they became targets of takeovers to break them up. Remember the 'corporate raiders' decade. My guess is that whatever the glue is that's holding this market at such high historical values, will itself become a targeted profit potential for those who find how to squeeze it. Don't know when or how yet, or what the new vocabulary will be, but its bound to happen. Jim