All US stocks will go through another correction in the next three
months. Actually every 9 month there is a correction.
Oct 95, June 96, Feb 97, Sept 97 and May 98???.
members.aol.com
The cause of the correction is people are waiting for Windows 98,
and delay the purchase. It's bad news for DRAM, Processor, Hard
Disk and OEM sector, because you have to cut price to sell it.
Not too bad for IOM, because it does not need to cut the price to
sell it, while look at IOM stock price, you won't feel very happy
neither.
So what, after June Windows 98 release, happy bull will come back!
Cheers! |
