Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Lazamataz
A rolling top on the DJIA is indicative that the blue chips have not been sold off, while the OTC has taken a pasting since Sept2000.The DJIA and NYSE have outperformed the OTC, and now is is their turn to get distributed.The forces at work in a bear market eventually catch up to all areas, and the big guys have been the last ones to get knocked, so the longer is takes for them to go where they are going to go, the longer the bear will last.

A purge gets this bear market closer to a conclusion.
27 posted on 07/16/2002 6:12:59 AM PDT by habs4ever
[ Post Reply | Private Reply | To 20 | View Replies ]


To: habs4ever
I can agree with everything you wrote, one message directly above.
28 posted on 07/16/2002 6:14:17 AM PDT by Lazamataz
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson