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Technology Stocks : Stock Swap
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To: Robert F. Newton who wrote (9261)10/29/1997 9:32:00 AM
From: Trader X   of 17305
 
Bob, the more I look at charts of Tuesday's massive reversal,

the more convinced I become that this drop presents the same type of buying opportunity that we had in the spring in late April, when the Dow reversed from a low of 6500. I think when the dust settles, we'll be needing binoculars to see Monday's closing values.

But, I agree with what Judy says...don't look to the semi/semi equips to lead the charge this time around. They have some issues to resolve first. -kevin
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