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To: SliderOnTheBlack who wrote (31452)11/4/1998 9:48:00 AM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
I'm saying that it's the panic buying of fund managers with unlimited cash which could prop up these stocks today -- no conspiracy (no fundamentals either).

We may be witnessing the death of value investing. Everything is momentum and liquidity driven, it seems.



To: SliderOnTheBlack who wrote (31452)11/4/1998 9:54:00 AM
From: diana g  Read Replies (1) | Respond to of 95453
 
Re: "... - these damn stocks just AREN'T following the price of
crude or the API numbers <VBG>????? -- they CAN'T do this can they ? ..."

That is correct. The OSX train cannot move forward until the caboose (Crude Price) has been coupled-on to push it.

regards,

diana
Edit---<G> (Thought I'd better add that.)


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