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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (3106)	7/20/1998 10:59:00 PM
From: Joseph G.	Read Replies (2) \| Respond to of 86076

It's not only NYSE A/D line, RUT, VGY, NH - NL are diverging ; looked also at Fido sector funds, out of 36 about half [!] are at or below year ago levels. Also, as we know foreign markets are predominantly down, with few exceptions, strongest are "core Europe" - France, Germany and Belgium. The rest are either at or below April highs. Also, the new 5% and 10% margin is call buying - huge volumes in "hot stocks", including LU, SOFT, CSCO - and the nets. All these are signs that less and less money is available for new purchase of stocks.