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Technology Stocks : Stock Swap

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To: Galirayo who wrote (12935)	3/25/1998 9:05:00 PM
From: Patrick Slevin	Read Replies (1) of 17305

Well, then, Your self hyped sanguine gentility indicates to me that you may have a Big Burrito but a Small Wallet. -----It should only affect the larger stocks, not the ones played by Burrito Brothers Incorporated, but I certainly have he sense that a precipice is near. It should not matter as to Index. I'm just looking at a broad sell. I'm purely S&P and so I try to stay out of this day-to-day "my stock is better than yours" stuff. It's certainly a nice gambit when the market has serious underpinnings. But this market has an upward motion that has no fundamental rational...I have a machine on my right that is ticking off Globex.....it beeps higher when it ticks higher, lower when it ticks lower. Goddamn thing sounds like a cockatiel. They are going to run it up again tonight. Who cares right? Anyway, DJIA 9000 is a done deal. But the impression I have is that the market sails upwards much too fast, then comes down faster. Look at today. It took a lot longer to get up than it took to get down. I just wish I was short for the ride down today. This is touchy feelly kind of stuff. If you'd rather talk about the DJIA hitting 13,000 I can take a powder....no problemo.

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