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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (8442)9/7/1998 3:45:00 PM
From: Sergio H  Respond to of 29382
 
<So much money has been focued on the major index stocks that their apparent strength and lofty valuations have disguised 50% and greater corrections in the rest of the market. Look at semis, oils, metals, the Russel 2000, the 5000. The correction has been here for some time and we don't necessarily need to see the fattest players like GE, IBM, T, KO etc., correct much more.>

JG Cordes, great post. I particularly liked your conclusion:
<There was nearly as much bad news for the world to respond to when the market was going up as there is now with it going down. Things will turn, man the oars and keep pulling... >

Sergio