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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?

To: Cymeed who wrote (223)	1/28/1999 9:45:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 779

<<<I was worried a couple of days ago when I saw SPX dropped off the trend line, yes me and steve talked about that on the thread over the weekend... if it broke down any farther we could of saw a big correction, but once again it bounced up... <<<Tech stocks still seem to be strong and leading...the others are lagging, including IBM those days. What do you take of this ??? Funny answer: They need to change their name to IBM.com Serious answer: Aside from SUNW I havent seen many of the high techs do really "great" comparitvly to internet stocks... MSFT just started an uptrend after a LONG lull (probably due to the trial), DELL has been good, CSCO and EMC decent, but not blockbuster. I believe the internets right now are a whole separate sub-market, mostly dominated by individual investors with a few institutions starting in the past few months to dip toes in to add return to their portfolio... To be honest most days I dont even know what the general market is doing... I remember a day last week, YHOO was up like 16% and a few other internet stocks were up 10%+, and I thought the market had a great day.... I got home and saw NASDAQ was up 6, and NYSE down 80. This is just a crazy phenomen, but as they say, dont fight the trend.. so I wont. Mark