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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Wayners who wrote (17291)6/12/1998 2:48:00 PM
From: joe  Read Replies (1) of 45548
 
I've read large pieces of Zweig's book...

AND by far his biggest indicator's of bear markets,
and what controls markets in general are INTEREST RATES.

His interpretation for the future would be bullish.
Interest rates are very bullish for a future rally
which I think will happen. But right now we are
in a correction, and the market doesn't seem too
sure of where the bottom is, mainly because it's
not sure about profits coming up. And this is a big
result of the ASIA problem. the ASIA problem takes
away a lot of visibility for future earnings - especially
so with the semi stocks. So,
I think we'll get the tech rally again eventually, but first
when's the bottom? - I have a feeling we will be testing
it more than you think....the market likes to overdo
the fear thing when it can.

joe

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