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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (25373)	4/16/1999 10:21:00 AM
From: wmwmw	Read Replies (2) \| Respond to of 50167

A correction? Dow run out of gas. I have found whenever advance/decline ratio improved, the market was near a short term top. Whenever internet or some other sect go like crazy, the market was near a short term top. If you see good earnings out but the stock retreat, it is a warning: other stocks with good earnings will follow suit - "buy at rumor,sell at news". The market has run too far too fast, and need to digest. Dow run out of gas. When sentiment changes, there is a sell off following.