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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Risky Business who wrote (8873)1/9/1998 4:34:00 PM
From: megazoo  Read Replies (1) of 13949
 
in my opinion, the main reason why the panic selling occured was because it is friday. fear is paramount on days like these, when people convince themselves that they feel secure in selling stocks because 'you'll see what'll happen on monday'. over the weekend, the clinton economists will visit indonesia and soothe the indonesian fears. come monday, market may again sell, but it won't be panicky as today. earnings will start to flood next week. let's see what happens.

have a good weekend.
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