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Technology Stocks : Compaq

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To: Mohan Marette who wrote (13628)1/15/1998 3:45:00 PM
From: Tom Latham  Read Replies (2) of 97611
 
This market is not going the go much longer UNLESS the SOB's that run it get them S&P index sell programs rules get under control. Every time you think the market is comfortable here comes a program. Can not tell what any sector or any major stock is doing while all this bulls#$t is flying around. CPQ trying to bite and buy this evening and here comes the sell program... Now think of this if the S&P 500 is spread over 500 stocks and is this volatile what do you think some of these big houses can do if they play a hedge and run a program on the Dow 30. Ain't going to be fun looks like to me.
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