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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (3518)9/22/1998 10:50:00 AM
From: set  Read Replies (1) | Respond to of 5676
 
this is something I've been wondering about - the unusually
high alignment of stocks right now.

However I don't think it makes them more brittle. It seems
that when all stocks go down at once it's possible to do
greater than average damage to the index without much effecting
individual stocks, which normally are capable much greater
volitility. Big market down days are frequently hardly
a glitch on individual stock charts.

So when I see something like this synchronicity going on,
I suspect the market is finding stability in a sort of
hudling activity and that big moves either way will be
harder to come by.

Shahar