COMS & the Ghost of USRX w/ other STUFF Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00400

+185.7%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffery E. Forrest who wrote (8673)	11/5/1997 11:45:00 PM
From: Dwight E. Karlsen	Read Replies (2) of 22053

Jeff, I agree with the thing that bothers you. That's been a nagging worry for me too. But from what anecdotal evidence (including WSJ market summaries, etc.) I can see, the momentum, so to speak, has shifted in the financial press to be: "Okay, I guess nobody is worried about the market going back down. The coast is clear! I be buying...". Time and again the market usually does the opposite of what the majority of people think. But as of today, I only saw one trader quoted who was cautious, and thought that there may be another spill ahead. The main people quoted in stories were bullish. That was in contrast to the day before, when virtually all traders quoted were very cautious, saying things like "There's still a lot of fear out there". FYI, yesterday IBD said twice in the same story, when citing Monday's dramatic rise: "But volume was lower". But William O'Neil is a big believer in watching the volumes. DK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next