The Thread Formerly Known as No Rest For The Wicked Message Board

STOCKTALK

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: stan s. who wrote (52427)	8/5/1999 10:39:00 AM
From: stan s.	Read Replies (2) of 90042

A point or two to consider as the techs tank. A 15% dip on the Nasdaq (from high of July 19) would place it at 2443...relatively close to where it's trading now. It's very rare for the Naz to correct more than this. Last summer's correction of 25% is the only one that comes to mind in the last several years. Some support exists at 2526 and though it's trading below that now...hope is that it can rally back to that point. We'll see but the time for panic has come and gone...now is the time to think about future moves. Still on the road...just dropping in briefly.

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