Unisys: Computer Solutions and Services Worldwide Message Board

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Technology Stocks : Unisys: Computer Solutions and Services Worldwide

UIS 2.820

+0.4%

Dec 5 9:30 AM EST

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To: 91fxrs who wrote (2507)	10/22/1999 5:56:00 AM
From: Greg Jung	Read Replies (1) of 2818

I think, maybe, mutual funds may need to take losses for this year by end of Oct. Then the unpopular stocks get hit again later in the year. I think there's a volatility cycle: profit-taking from rebound schemes snowballs into more giving up the ghost, sometimes a large holder simply figures to take the loss and not play the "best offer" games: heavily into margin from soaking up all the "no-brainer" bargains, sometimes you just need cash. Then another bargain hunt cycle ensues. The valuations of the S&P leaders are so high, however, I think any correction that is meaningful fundamentally will break the technical patterns. I suppose today we get KO, G smashed up a bit but the dow cowboys will find another effigy to run up the pole.

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