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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Melissa McAuliffe who wrote (402)4/7/1998 11:10:00 PM
From: Raptor  Read Replies (3) of 4509
 
Melissa .. What's your source for the 10% correction??

How do we know it's not someone reading coffee grounds or today's astrology readings? How do we know it's not a BMF (Bear Market Fatalist)? I wonder if MTM's (is it legitimate to speak of this in the plural form? could there be more than 1??) are twitching in their sleep (or whatever signal they use)?

You know a 10% correction is close to 1000 DOW points these days. Of course, I don't understand why there is so much attention paid to an index comprised of only 35 stocks when there are sooooo many others.

This also makes me think - is the 10% predicted correction for the DOW, NASDAQ, PSFT, or some other composition or partition of the market?
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