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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 24.53-1.8%Nov 14 3:59 PM EST

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To: Captain Jack who wrote (1457)7/22/2002 5:38:25 PM
From: Elwood P. Dowd  Read Replies (1) of 4345
 
we should be within 10% of it

that's 778 more downside points on the dow and another 128 points on the Nas which to my way of thinking is synonymous with "no bottom."

I wouldn't be buying if I thought that the markets would drop another 10%.
The dow is down 22%, I think, this year so 10% is a long way to go. Roughy 1/2 more of what we've already lost.
I sure wouldn't buy GE @ 26 if i thought it was headed for 23.40 or QQQ if I thought that the next stop from 24 was 21.60.

El
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