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


To: Joseph G. who wrote (22478)7/27/1998 9:34:00 PM
From: James F. Hopkins  Respond to of 94695
 
They Don't run em like I do, and they stole the idea from me anyway,
but most people forgot the Nifty Fifty nick till I reminded them
of it back in June , some broker I was using back in the 60ts
showed me the top 50 in the S&P and the Dow 30 , those 50
didn't have a name so I nicked them, then next thing I know
every one was talking about the Nifty Fifty,
Then after they got disgraced in the 70ts the term went away..seems it's back now. I can't even recall the broker I was using..
guess I could look it up. One thing new is the amount of Indexers
we now have, and them churning the big caps like an egg beater,
another is the volume, never in history have we had the volume
of trading we have had in the last 2 years..
And how about the Mutual Funds now out numbering the stock issues,
<G>
Jim