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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (20135)6/12/1998 9:21:00 AM
From: coug  Read Replies (1) | Respond to of 94695
 
Tommasco,
One thing that I do not hear much about when money flows are discussed is that it takes more and more cash to shove these stocks
up at these parabolic highs. Unchanged or slight increases will not do much.
So IMO this is the reason the rally the last 6 months is so narrow. The big, safe? stocks get all the cash now and shove the big well
known averages up. Mom n' Pop and main street are complacently bullish. Don't worry, everything is cool. After all, this is America
we are isolated and different from the rest of the world. We are too
smug IMO.
How long it lasts? Who knows? but good luck in all your endevors.

the Coug

P.S. I would like to complement everyone on this thread for being so
civil to each other. BTW the Globex players just sold the premium
off going into the opening.