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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: voodooist who wrote (45925)2/5/1999 7:41:00 PM
From: Ilaine  Read Replies (1) | Respond to of 132070
 
Hi Fred, yeah, it "sounds nutty," but something nutty is going on. Nasdaq is being taken out and shot, but Joe Six-Pack won't have a clue because the Dow isn't moving.

I was just manually going through a couple of threads, looking for my posts the last time I noticed it, big time. I was stuck at the stage of being amazed that "they" could do it, at all, your post just raised my attention to a higher level, of what stocks would have to be bought and sold to make it happen. I remember one day, the Dow swung a couple of hundred points up and down and closed within a fraction of where it closed the day before, at the last minute. Not too much unlike today, although there was not the upward movement.



To: voodooist who wrote (45925)2/5/1999 9:04:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 132070
 
this happens also with the S&P 100...the deck is stacked with many undervalued utilities, and some stocks like HON that can absorb inflow.