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


To: wmwmw who wrote (25374)4/16/1999 11:31:00 AM
From: James Strauss  Respond to of 50167
 
Thee Primary Trend Is Up...

Wang:

Perhaps the goings on in Kosovo is scaring some investors...

Market Breadth continues to improve...
finance.yahoo.com

New Lows are considerably below 40... They were much higher at
this time yesterday...

What we are seeing is the reverse of what we saw before... A few
big caps are taking a breather and masking the broader market
improvement...

Jim



To: wmwmw who wrote (25374)4/16/1999 12:27:00 PM
From: ED_L  Read Replies (1) | Respond to of 50167
 
It has not run out of gas. It is rotating from large cap high flyers like internet stocks to low cap and basic industry/companys that work with or produce raw materials. Look at the strength of the steels today and of the oils. Look too at mutual funds that invest in Asia - my US Banks are down, my Japanese Banks are up.