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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (4008)	3/3/1999 11:32:00 AM
From: Rande Is	Respond to of 57584

William. . .yup, that volume is the biggest problem these days. . .I was expecting to see some of the leaders start pulling the rest of the pack upward. . .buta jus' ain' hap'nin'. In my opinion, the punch bowl has been taken down. . . the cake is put away. . .the band is looking at their watches . . . the guests are thinning out. . . many are looking for their coats. . . etc. etc. And this feeling just keeps going. . .and one of the most tell-tale traits of a 'bear' market is low volume and thin trading on the broad market. . . it results in this gradual decline that can take years before a bottom is reached. I think we have a small bull market with the large cap high-techs and big internets within a bear market overall. And that is why the disparity between the two is growing and growing. Likewise, I don't think there will be any catastrophes. . .I think we have seen most of the WILD swings we are going to see. You guys know I go out on limbs sometimes. . . but if the Nasdaq doesn't hold and falls thru this next technical. . .well . . . Somebody pay the band . . . Rande Is