Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Monty Lenard who wrote (29559)	9/30/1998 5:54:00 PM
From: Ralph W.	Read Replies (2) \| Respond to of 94695

Monty - If the funds haven't yet decided to enlarge their cash positions, maybe they're parking it into the more beaten-down issues? Ralph

To: Monty Lenard who wrote (29559)	9/30/1998 7:14:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Monty; It's the only place the P/Es are any good, the big boys are subject to shop around hoping to pick up something cheap that will improve their own P/Es. BUT don't forget while I was looking for small cap rally before melt down, I made it clear that if it happened at the expence of the Big caps it would be the final sign that the market is going into a bear market They must go up with the big caps, maybe at a faster rate, but for them to go up as big caps fail takes the liquid out of the market it's the last of the good old days for small caps to rally very much all on their own. This sort of consolidation might give us a buzz , but it is not healthy. We have the Nifty Fifty running the show, with 50% of the market cap, what happens when we only have a Nifty Ten making up 50% of the market cap. Jim