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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Gofer who wrote (1259)8/27/1998 9:34:00 PM
From: Tommaso  Read Replies (1) | Respond to of 3339
 
A definite outflow from equities--sufficient to account for the drop and to keep it moving: Click on "News."

amgdata.com




To: Gofer who wrote (1259)8/27/1998 9:35:00 PM
From: bobby beara  Read Replies (2) | Respond to of 3339
 
Gofer, >>I think the Fed guys are living in the (recent) past: <<<

These guys have killed the inflation demon so bad that they are sitting on the Love Boat, eating scones and patting themselves on the back for what the marketplace did for them and they haven't even read Galbraith or Kindleberger because they are so full of themselves and cocksure. Gee even the greatest financial mind in history, has Galbraith's financial memory loss.

OOPPS

They didn't notice the SS Titanic emblem on that Cruise Boat -ggg-



To: Gofer who wrote (1259)8/27/1998 10:12:00 PM
From: Les H  Respond to of 3339
 
numbers as of today's market:

Percentage of stocks up in price over a period

1-week 7.7%
1-month 10.1%
3-months 14.7%
1-year 36.6%

Percentage of stocks above moving averages

10-day 6.5%
21-day 9.3%
50-day 7.3%
200-day 17.5%

Today's drop moved the 50-day percentage from 13% to 7% and the
200-day percentage from 22% to 17%.


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