C-Cube Message Board - Msg: 2604760

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Technology Stocks : C-Cube

CUBE 39.61

+1.2%

Jan 16 9:30 AM EST

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To: peter shi who wrote (24666)	10/31/1997 11:17:00 AM
From: Stoctrash	Read Replies (1) of 50808

Peter said; It is clear now that we are in the begining of a bear market. Given the prolonged bull market in the past several years coupled with the Asian currency crisis, which will shadow the earning perspective of many technology based companies, the bear market will not end in a matter of weeks. I predict it will take a couple of quarters for various market leaders to justify their earnings in the changed enviroment before the market remains the bull trend, and this may well be after 6 to 9 months. I further predict that the market will be down another 10-15% before a consolidation period begins. Who said bear market? A bear market started when Peter? Its more like a correction in a BULL market. I think that by Mid December many people will be kicking themselves for not loading up on their favorite Techs during this correction. Where's the bottom? I don't know when...but my feeling is that 930 on the NAZ was it, maybe we test it again....maybe we don't. Your Bearish...I'm bullish on this dip, thats what makes this so fun.....

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