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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST
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To: Klaus who wrote (48789)6/16/1998 7:27:00 PM
From: Darren   of 61433
 
Darren - what do you mean kiss this bull market goodbye?
You first say were done with the correction and to buy,
... are you saying that you see only a temporary bounce?

I see about eight to twelve weeks of good times coming up, and then, come September 1, I'm all cash. Even if I make nothing over the next 12 weeks, I'm all cash on September 1. Even if the market is raging at 100 points a day in the last week in August, I'm all cash September 1. People have been predicting the end of this bull for 7 years. They have been wrong every time (6 to be exact). But it's been the longest and the strongest and it has to end some time. I think short term earnings are enough to propel the market up for a while -- I'm just not willing to take the chance going into the fall...
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