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Politics : Idea Of The Day

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To: donald sew who wrote (9466)	9/12/1997 11:00:00 AM
From: bobby beara	of 50167

Donald, on this one I'll have to disagree. This is a short covering rally for both stocks and bonds, the trend is still down. MOT warning and downgrade is ominous for SOXX. I expect to finish slightly down today and have a big sell-off on Monday and Tuesday. IBM warning is ominous for both techs and large caps. Profits are being squeezed by high dollar and we are entering a period of stagflation. Time to think about the bear side. -Bob

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