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Technology Stocks : PROGRAMMER'S PARADISE (PROG)
PROG 0.146+6.5%Jun 13 5:00 PM EST

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To: Zeev Hed who wrote (2056)1/24/2000 10:08:00 PM
From: Carl R.  Read Replies (1) of 2383
 
To be perfectly honest I've been too busy to check the eggplants lately. When asked, the eggplants indicate that they expect a falling long bond, which should soften the extent of the decline. I am not bullish for the next several months. I would like to see at least a 20-30% pull back in the tech sector. I am still long some low PE value stocks like PROG, but am short QQQ and the S&P, so I should be reasonably hedged against a major decline. Short term I see I don't expect any major rally this week, with a mild rally next week.

How does this compare to the turnips?

Carl
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