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Technology Stocks : Winstar Comm. (WCII)

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To: limtex who wrote (3184)12/19/1997 9:38:00 AM
From: Steven Bowen  Read Replies (1) of 12468
 
I love to see these doom and gloom predictions, particularly from people like ML. They will never predict market tops or bottoms. There is also way too many "bears" all over SI. Also too many individuals pulling money out of their mutual funds. All together, tells me market will definitly go up before it goes down much. People are never right. The only way we'll ever get a 25% correction is if everyone and their brother becomes bullish and it looks like the only way we can go is up. When people like ML predicts down. in my book it's a pretty good sign we're still going up.

I'd also bet WinStar can close up for today (unless we go into a total market meltdown).
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