VIAB (Viacom Class B shares) formerly CBS Message Board

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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS

VIA 30.48

-1.2%

Dec 26 9:30 AM EST

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To: ED_L who wrote (2467)	9/1/1998 10:02:00 PM
From: Fred Fraschetti	Read Replies (1) of 4613

Market was up today 288 points and there were 13 new yearly highs and 903 new yearly lows.... EVERYTHING is going lower in this market so its best to have cash..... THERE is no logic for some of the low stock valuations but when is it going to turn around...only God knows! My perdiction for WEDS is that the market will start up higher but close much lower..... I am still bearish when I see 900 new lows being make.... In a normal bull market there are only 20 new lows... see the difference.... I'd average in monthly over the next 6 months... JUST My opinion!!!

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