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

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To: Gary Walker who wrote (153)9/3/1998 12:29:00 AM
From: Jeffrey L. Henken   of 175
 
Gary you are right but what amazes me is how many people forgot about October 1997 in less than one year. We have already been in an extended bear market for small cap stocks.

I think the DOW will struggle until we get some relief in the form of an interest rate easing. Even the larger NASDAQ stocks could struggle. It's the stocks that make up the Russell 2000 and even the OTC BB stocks that will benefit from the upcoming rebound.

DOW tomorrow? Even money says it does go down. I mean really, who said index funds and internet media stocks should always outperform the rest of the market?

It sure wasn't me!

Regards, Jeff
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