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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.00Dec 5 4:00 PM EST
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To: Richard L. Williams who wrote (23614)8/28/1998 11:48:00 AM
From: eRM Solutions  Read Replies (3) of 50264
 
The market has already lost 12% before today. We might reach below 8000 but I would be highly shocked to see 6400. The fed will lower rates if this goes on much longer. People have to remember that the fallout lately is from Russia, they are a tiny economy and will have no lasting effect on the global economy,IMO. This is not the days of the old USSR, the Russian economic crisis will be just another blip on the radar screen in a matter of a quarter or 2 if not months. The US economy is still growing strong albeit not at the rate before the Asian flu and this latest crisis.

I think the major difference we will see is that " The rising tide will not lift all the boats" as the DOW has done so far. The companies that will be successful will be the ones with innovative concepts and solid business plan and the leadership to carry the plan out.

Regards John
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