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Technology Stocks : Intel Corporation (INTC)
INTC 37.25-0.7%11:41 AM EST
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To: Barry Grossman who wrote (37782)10/27/1997 2:04:00 PM
From: Ibexx  Read Replies (1) of 186894
 
Barry,

Most seasoned investors/traders would not buy when the knife is still falling; they would wait until the market start showing signs of bottoming out.

I think the 100-150 points speculation is simply a "hunch" from some Wall Street oldtimers.

Regards,
Ibexx

PS: If you look at the historical graphs, sharp falls are usually followed by sharp recoveries, unless it is a bear market.
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