Opposite directions...

A long time ago any serious trader or investor would stay glued to the

CI for trading opportunities..be it for short to mid term investment,intraday or even
intra-hour ..Every single tick upwards or downwards will almost immediately cause
the broad market to react correspondingly...the quick minded will capitalise on any
laggard stocks and ride the swing ...the combined actions of so many give rise to a
action packed trading platform ..money is made and lost but everyone seems to enjoy
the ride nevertheless...alas, all that seems so remote nowadays..

We can have days of CI upswing but the broad market hardly wakes from its deep
slumber..Day in day out the "usual suspects" hog the lime light ,pulling away to new
highs or thereabout but leaving all the rest behind as if bogged down by heavy chains...

Plenty of literature has been written as to the probable causes so I would not want to
delve into it..however to the newbies they may want to take note of the following
observation..As stock prices are a function of supply and demand which in turn correlates
closely with the confidence factor,it can be worrisome if a big jump in the CI is not
accompanied by any increase in broad market volume and stock prices...Why so ?
The simple explanation is that when the CI reverses subsequently either the same day or
following days ,those lethargic stocks (which are plentiful in current market ) which did move
up in tandem with the CI earlier may actually fall futher...this vicious cycle of digression between
the CI and laggards would eventually lead to further price erosion ,losses and confidence ,in that
order..

How everyone wish this is not the case....