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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: myturn who wrote (43379)4/15/2000 12:42:00 PM
From: fortitude   of 150070
 
<<Where is the bottom is the million dollar question?>>

``Momentum in this market runs both ways and momentum tends to overshoot both ways. And we're seeing that.'

Scott Bleier, chief investment strategist at Prime Charter Ltd.

........

``I suspect a lot further on the downside, Over the short term, I would expect some kind of bottom next week. We just cannot keep on going down at the same rate every day"

Alan Newman, technical analyst at H.D. Brous & Co.

.......

imo, margin debt and inflation news were factors this last week...
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