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Re: new5005 post# 351

Saturday, 04/16/2005 1:26:45 PM

Saturday, April 16, 2005 1:26:45 PM

Post# of 35921
new2005;

Even though MLXO isn't on the major indices, you can still use them as a Barometer for the OTC, even though stocks on the OTC can still go up when the major indices go down, it is more of a selection of those that are being manipulated or have very good earnings or news of mergers ect. ect. If money managers and investors are selling off on the big boards you know that a good portion of OTC companies could also see selling off. It's not always like that but when the markets take a major hit like this past week, Fri. being the worst single day in two years, it's going to affect the smaller markets to a degree IMO.

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