DJ Bear Stearns' Nichols: Market Showing Some Bearish Signals
11/12/2002
Dow Jones News Services
(Copyright © 2002 Dow Jones & Company, Inc.)
NEW YORK (Dow Jones)--Bill Nichols, head technology trader at Bear Stearns, told CNBC Tuesday the market could dive lower in the next few days.
"A lot of traders are looking for a couple hundred points down (in the Dow) over the next couple of trading days," Nichols said.
He said strength and weakness in the market has been "across the board" and "balanced across all sectors."
-Andrew Gelfand; Dow Jones Newswires; 201-938-2007
(END) DOW JONES NEWS 11-12-02
03:29 PM
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