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Technology Stocks : FSII - The Worst is Over?
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To: Joe Dancy who wrote (2043)6/30/1998 1:18:00 PM
From: Kent Sarikaya   of 2754
 
It has been mentioned numerous times lately to sell into this next mini rally. That the Fall is going to bring a major correction in response to weaker than expected earnings because of Asia. This should be like the last night of a bad flu, where body temperature runs very high before it breaks and you get better.

I think after this correction is going to be the slow start of the transition into mid and small caps and after the new year the next tech rally will start.

This is based comments I have heard and read from various pundits on CNBC, and internet trading sites. It seems to make sense to me.
Of course it makes sense to sell into it if you are profitable. No matter what happens, I guess I'll be sitting there doing the usual holding for dear life and waiting.
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