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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Investor2 who wrote (5478)6/12/1998 12:43:00 PM
From: Serge Collins  Read Replies (1) of 42834
 
NASDAQ currently off 10% from its high.

And there is about another 30% to go on the downside before we see it fall into a buying range. This market is going to correct in a big way over the next few weeks. Have you noticed that investors are no longer buying the dips.

The reason for that is conditions out there have changed for the worse. For the first time in four years investors have lost confidence and fear is creeping into the game, and when you mix fear with uncertainty you have a recipe for disaster.

Just my opinion.

Thank you.
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