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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (8505)3/24/1998 5:05:00 PM
From: Shi  Read Replies (2) of 64865
 
"Nice" is actually not completely inadequate. Warren Buffett once
said if you would be a net buyer of stocks near term, you should
be happy if stocks dropped; you'd be happy about a bull market only
when you would be a net seller. I guess most of us on this thread
would be a "net buyer", so we should be happy of a correction. Of
course it'll be bad to those pensioners. But every thing has two
sides.

I think Addi may be right about the correction, but the timing could
be wrong. I know someone who works in a major brokerage firm. The
word is "money flows in like crazy." So it has to be some serious
blow to knock down a raging bull temporarily. I think the slow down
will be the second half of next week, when the reality of earning slow
down really sets in.

Cheers for a correction, and cheers for a higher DOW after correction,

Shi
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