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To: Crimson Ghost who wrote (14555)7/16/1998 8:09:00 PM
From: long-gone  Respond to of 117012
 
Well, I've been thinking about today's rally, and I came up with the questions.
If times are really so good, then why:
1. Did were the unchanged issues + the decliners on all three major exchanges(the NYSE, AMEX, & the NASDAQ) equal less than the advancers? - Should this not show a lack of complete economic support?
2. Against the DOW theory the S&P & the DIJA went up and the Transports went down? This just has to be true, you can not sustain anything other than a bubble
if the transports don't haul in material and haul off product!.
And how can the yellow metal be "worthless for ever" if people are willing to invest enough in the XAU index to drive it the opposing direction to the price of
that soft yellow metal.
Rh