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

To: GROUND ZERO™ who wrote (30671)	10/7/1998 8:06:00 PM
From: HairBall	Read Replies (2) \| Respond to of 94695

GZ: The Dow Industrials is the most watched Index of them all! The Big Boyz use it, enough said... BWDIK Regards, LG

To: GROUND ZERO™ who wrote (30671)	10/7/1998 8:58:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 94695

Re: DJIA - you know that there are lots of institutional portfolio managers who have to be fully invested cause asset allocation is made at different (higher) level. Yet they can get into what they perceive to be safer stocks, e.g. those that were around longer than since 1990 or even 1986. Those stocks will drop too, but they're the last to drop. If they were obviously overvalued in July, they have already dropped to a more reasonable valuation by now ... No conspiracy needed.