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To: Robert Graham who wrote (13156)7/26/1998 2:15:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
<<The move up by the DJIA was belated after there have been many days of the NASDAQ making headway. So it is not really that surprising it would be the first to sell off. For that matter, the stocks that did well in the DJIA and S&P 500 appears to have been the defensive issues.>>

Right on. That was a good post.

I'm happy to see new faces on this thread. I encourage everyone to "chime in" with their opinions. It will promote intelligent thinking and bring us a better understanding of the mkt.