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Technology Stocks : FSII - The Worst is Over?
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To: Mark Adams who wrote (1554)10/26/1997 12:09:00 AM
From: Donald Wennerstrom   of 2754
 
I agree, it may get worse before it gets better. I don't have any predictions, but when it does turn-around I don't think it will take long to recover.

I usually watch Wall Street Week on Friday nite. A week or two ago, Louis showed a graph of the DJ average over a 20 to 30 year period. The crash of October 87 was scarcely a ripple on the chart. If you didn't know where it was, it was easily missed.

From the 87 crash the market recovered much quicker than most people expected. If the DOW can do that, the semi-equips can do it even quicker. Now we have to find the "bottom".
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