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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Captain Jack who wrote (34287)10/12/2000 10:19:53 AM
From: Spartex  Read Replies (2) of 42771
 
OT: Small investors on margin holding low grade issues are going to face major redemption, if they haven't already. This is strictly a time to be either out of techs, or only invested with "cash". Bottom fishing will kill you IMHO.

FWIW, tomorrow is a Full Moon and Friday the 13th to boot! Full moons have been known to coincide with major market events/selloffs. It would be suspect to say tomorrow would be the final capitulation.

Good luck to all! Failed nasdaq rally this a.m., and DOW is off heavy- >-299, could break 10,000. Nasdaq could break 3000 and test the 2000's somewhere significantly lower.

Humbly, QuadK
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