To: Ken98 who wrote (358 ) 4/14/1999 11:13:00 PM From: James F. Hopkins Respond to of 2103
Ken; I've been real busy, and I'm mostly cash , But yes the head is dropping and when it does the market gets less liquid ( as the liquid is in the BIG caps or Head ) it's when the market gets less liquid that fast moves can happen. Since Feb 19th Wed Apr 14 8:57pm ET - U.S. Markets Closed. Symbol Last Trade Change Volume Value Value Change Gain Mkt Cap Trade Date Notes MSFT 4:01PM 85 7/8 -4 1/4 -4.72% 26,472,000 $342.75 -$16.96 -4.72% $47.90 +16.24% 368.8B 19-Feb-99 - CSCO 4:01PM 110 3/4 -3 3/8 -2.96% 10,303,700 $141.53 -$4.31 -2.96% $17.41 +14.03% 176.9B 19-Feb-99 - DELL 4:01PM 38 1/8 -2 5/16 -5.72% 35,415,700 $80.05 -$4.86 -5.72% -$4.07 -4.84% 97.009B 19-Feb-99 - INTC 4:01PM 57 -3 1/2 -5.79% 52,239,200 $148.69 -$9.13 -5.79% -$18.34 -10.98% 189.5B 19-Feb-99 - WCOM 4:01PM 89 1/4 -3 5/16 -3.58% 16,014,600 $131.81 -$4.89 -3.58% $7.48 +6.01% 165.2B 19-Feb-99 - 5 symbols Totals(USD): $844.84-$40.15-4.54%$50.37+6.34% ------------------------------ The major players in the NDX have gone up an average of 6.34% While the NDX is up 8.91% so the major players are not leading and have actully fallen faster in the last two days, than the smaller ones. Wed Apr 14 9:03pm ET - U.S. Markets Closed. Symbol Last Trade Change Volume Value Value Change Gain Mkt Cap Trade Date Notes ^NDX 5:16PM 2103.63 -71.55 -3.29% N/A $138.21 -$4.70 -3.29% $11.30 +8.91% N/A 19-Feb-99 - ^IXIC 5:16PM 2507.28 -76.22 -2.95% N/A $139.15 -$4.23 -2.95% $12.41 +9.80% N/A 19-Feb-99 - QQQ 4:16PM 105 5/8 -3 3/4 -3.43% 10,626,900 $138.37 -$4.91 -3.43% $11.79 +9.31% N/A 19-Feb-99 - UOPIX Apr 14 146.49 -10.29 -6.56% N/A $146.49 -$10.29 -6.56% $19.60 +15.45% N/A 19-Feb-99 - USPIX Apr 14 11.29 +0.73 +6.91% N/A $103.66 $6.70 +6.91% -$23.23 -18.31% N/A 19-Feb-99 - ^OEX 4:59PM 668.93 -12.52 -1.84% N/A $136.86 -$2.56 -1.84% $9.95 +7.84% N/A 19-Feb-99 - ^SPC 5:01PM 1328.44 -21.38 -1.58% N/A $135.90 -$2.19 -1.58% $9.13 +7.20% N/A 19-Feb-99 - ^MID 5:34PM 374.30 +2.38 +0.64% N/A $132.46 $0.84 +0.64% $5.56 +4.38% N/A 19-Feb-99 - ^RUT 4:59PM 417.39 +0.15 +0.04% N/A $134.98 $0.05 +0.04% $8.11 +6.40% N/A 19-Feb-99 - ^XMT 4:49PM 168.70 +3.27 +1.98% N/A $140.59 $2.73 +1.98% $13.71 +10.80% N/A 19-Feb-99 - ^TYX 2:59PM 55.00 +0.06 +0.11% N/A $0.01 $0.00 +0.11% $0.00 +2.29% N/A 19-Feb-99 - -------------------------------- The saving grace is the ^XMT , I don't understand it going up when the market is falling . That's a mixed signal if I ever saw one. Very mixed signals , and the head/tail has been erratic lately, this is typical before big move, up or down and while it might be up I just have a hard time believing taht, but I'm not ready to bet against it just yet. I'm a little out of touch with things lately. I'll post more in the next post but it looks like the leaders are turning south kinda fast. Jim