I mean leader in each category, for example technology is GOOG, financial is Idon'tknow, etc. Those leaders of its industry do not have to slow down simultaneously. One leader starts to slow down now, but the others continue to rise but sooner or later they will fall down as an inevitable. So when one leader has started to slow down it is a sign that thing does seem to go wrong.
Just couldn't help yourself any longer hey stock? You have no reason to worry, your "index" is just paper posistions. You and day7793 need to hook up, you can tell each other how its the media that is making up the credit problems and housing implosion. How are the rate cuts doing so far? If you would only look back to 2001 you can what happens when the fed tries to reinflate, it doesn't work too well, but whatever dude, keep on whistling while you walk into the graveyard, yikes you are a putz.
Every time we get really close to a bear market the fed steps in like what happened in august 16th, Jan 23rd, and now this week. Face it shorts the fed won't let there be a bear market. Don't fight the fed.
No kidding, it's more like the credit markets dictating the Fed to cut rather than the Fed looking at weak equities performance and cutting to bolster the stock market.
2008 is gonna be a great year Once this imaginary recession passes we'll move much higher. The dow will surge 1000 points in a a month. And then another 1000 points...