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Strategies & Market Trends : Russian Crisis - Is it a buying opportunity?

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To: Ray Tarke who wrote (94)8/31/1998 10:19:00 PM
From: Dowscanner  Read Replies (2) of 175
 
I agree market will most likely start out lower tomorrow morning. Due to margin calls, short sellers and the burst bubble of the internet stocks and the nifty fifty. I think we will be in for a repeat of today, down another 500 points to 7002. Smart money will stay on the sidelines until there is a reversal of 300 points which is not likely in this free fall. Will need to build a base move up then retest the downside before any real move to the upside will take place.
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