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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: DD™ who wrote (5255)10/5/1998 7:11:00 AM
From: ChrisJP  Read Replies (1) of 119973
 
>> Could tomorrow be the 1998 edition of Black Monday? <<

I don't think so. A crash usually occurs when many over-priced stocks are sold in a panic. So many stocks have already been damaged that there's almost no way for them all to fall from over-prices highs at the same time.

Could we continue to lose 200 - 300 points per day ? Sure. There's also pretty good chance that several big down days (over a month or so)will add up to a 1000 point drop in the DOW. Amounts to the same thing as a crash, I guess.

Regards,
Chris

BTW, TMex, are you sure you're not gonna short ORCL today (if it doesn't gap down too far at the open ?)
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