Evolving into a notsohot session. The dow dropped 28 points. The nasdaq plummeted. 08 . To make matters even more difficult, it was themeless. The stocks in the same sectors diverged wildly and the initial offerings stole mine share and expanded the froth right in our eyes, right in front of us, from the getgo. As the ipos have for days on end now. A lot of the confusion comes from vicious rotational behavior where investors fled consistent growers and piled into least consistent growers that could benefit from a stronger economy, something ill address later. Part of it was also continuation of some fedrelated action, meaning the pronouncement indicated happier times are almost here again, so Interest Rates must be headed higher. A rise wont necessarily kill the bull. It does cause money to shift, to fall away from companies that do poorly in times of higher rates to ones that do better, especially the banks, which routinely make money whenever rates gradually move higher over time, an
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