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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (29945)12/7/1999 1:09:00 PM
From: jim kelley  Read Replies (2) of 50167
 
IQBAL,

SPX is now at 1414, so it looks possible we will get a close much lower than the 1428 number that you have cited.

What other important indicators may signal a break to lower valuations. I have been expecting a correction based on the length of the recent run up in prices.

I am also wondering if the correction will be lead by SUNW, CSCO, EMC, QCOM etc.

QQQ has not made any progress since Thursday.

Regards,

Jim Kelley
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