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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: FR1 who wrote (4601)1/21/1999 10:59:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 29970
 
There is some wild manipulation going on, and it's even in the
DOW 30 this morning..I run 71 paper portfolios, and I can't
hardly believe my eyes this morning..The Dow has pumped up,
down, up down ,up down up down like you would not belive..not
in such a short time span, I've never seen it pump that hard,
that fast so I don't know what to make of it..looking in it,
T, IBM, GM..UTX seem to be the culperts..
My best guess is UTX came with very good earnings, so to
rotate money into her others are selling off, and it's a
tug of war between the ones inside the dow, trying to raise
cash to take on UTX..looks very odd.
This is likely several Dow Index funds in a tug of war to
to stay in the DOW but to re-allocate.
Investors don't dart in and out of stocks like this all at
one time like a school of fish.
Jim