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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.86+1.6%Nov 25 3:59 PM EST

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To: Drew Williams who wrote (1543)7/27/1998 7:32:00 PM
From: limtex  Read Replies (1) of 29987
 
Drew -

Lew Dobbs commented tonight that there are a whole bunch ( I can't remember maybe even the majority of ) S&P 500 are down over 30%. Market gains are mainly in a few favorite stocks and the broader market has no strength and is declining gradually and continually.

Nyron Kandel mentioned a 10%-12% correction before the end of summer. I ask myself correction of what if the broader market has already suffered a majority of stocks which have declined over 30%?
IE if the favorites drop 10% what on earth is in store for the rest of the market?

Regards,

L
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