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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (5053)5/22/1998 10:07:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
Max,IMO where the big boys lead, the little guys will follow,and it seems to be especially true when it's flat or down.It is true the market is jumpy(I was to <g>),it just wouldn't take much(IMO) to kick it over the edge(-10%).We saw what the reaction to unchanged rates was(if I remember correctly,the DOW closed down +/-30 pts),as it should have,nothing changed. As crazy as it is to compare apples to oranges(small/mid to the Dow) there is a relationship,if only in sentiment..DD
PS: don't mean to sound bearish,but short term,I guess I am....Nite all