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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.57+0.7%Nov 28 9:30 AM EST

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To: Michel Bera who wrote (2217)11/10/1997 3:15:00 PM
From: MulhollandDrive  Read Replies (1) of 93625
 
whole market has turned bear now?

Michel, I think the market has been at an inflection point since August, basically we have traded sideways since June. I think that demographics demand a bullish sentiment longterm. Once investors decide which the is true longterm direction, buying will begin in earnest. I still have nearly half my assets in cash right now, and it's just a hunch, but I think there is still a lot of cash on the sideline, once the bull breaks out of his stall, I think we could see a violent move to the upside to push the Dow above the old highs, pull -back on less volume, then catapult into new territory...You heard it hear first, Michel, and yes I think you should bookmark this message;-), bp
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