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Technology Stocks : Dell Technologies Inc.
DELL 119.80+2.3%2:29 PM EST

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To: McNabb Brothers who wrote (19206)10/27/1997 11:24:00 AM
From: McNabb Brothers  Read Replies (2) of 176388
 
To all:

Just went through my long positions and they are not looking good at all on the charts! I will not sell my long-term holdings, but wanted to point out that it looks to me like we might go into an old fashion bear market! It's amazing that no one ever mentions a bear market, they always mention a crash! We will have what ever the masses think we won't have! If we do have a bear market the high P/E stocks and the momentum stocks will be hurt the most! Good news in a bear market won't even help! Now when I talk about a bear market I'm talking about a 20% or better pull back in the averages! (6600 to 6800 on the Dow?)

Hank McNabb
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