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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: MonsieurGonzo who wrote (50563)8/24/1998 6:25:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Steve,

Agree, and the NDX, MSH, XCI, IIX are all in an upward trend, but again its only a few stocks.

In fact the XCI on a intraday basis touched its all-time high closing price 3 days ago, and now still not that far from it.

What does this mean for the whole market - will this action just slow down the decay of the whole market or will it be strong enouch to help hold the overall market from dropping substantially more.

Money appears to be rotating into these areas.

Seeya