FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (2142)	8/4/1998 5:22:00 PM
From: Kent Sarikaya	Read Replies (1) of 2754

I posted this on the Yahoo AFLX thread, but wanted to also say the same thing here: I know this is gonna sound stupid, but this drop we are having in the markets is great. I posted previously a few times on this thread that a correction between 8000 and 8500 was going to come before the move to techs was going to start. This drop came a lot sooner than anticiapted though. The timeline was for around late Septmeber to October. It looks like from now till then we might drift down to around 8000. I guess this sort of shakeout is needed to make significant roll over in investments. The techs and small caps that have been languishing for years now are due for a run up. They won't soar like crazy till earnings start improving, but we should significant strength in these stocks once the bottom of this correction is reached.

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