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Technology Stocks : Compaq

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To: Craig Rogers who wrote (32289)9/3/1998 11:09:00 PM
From: FR1  Read Replies (1) of 97611
 
I have heard it both ways. Historically, if the market has had a gain between holidays, you can bet on a sell off.

This time it is so crazy it is hard to say what will happen. It seems that all the air has been taken out of stocks and that would make you think a flat to up day as some have predicted.

However, yesterday saw Malaysia do a big number by restricting trading on their currency in an effort to stabilize things. This drove the local big financial houses in Singapore down bad. Lots of chaos there. On the other hand there was a big shuffle in the government which was seen as a plus.

IMHO, don't do anything until the smoke clears.

Don't forget DELL is splitting tomorrow and that should be good.
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