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Technology Stocks : Winstar Comm. (WCII)

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To: limtex who wrote (8533)10/7/1998 12:48:00 PM
From: silicon warrior  Read Replies (1) of 12468
 
All: lookb at the russell 2000, broke support, tumbling, same with NAZ. Continued fears allover of recession, credit crunch--flight to safety, etc. I believe we have broken technically, so the shorts trash us easily. Related to the market, not us. Greenspan was scary, IMHO. Actually thinking it's gonna get worse before it gets better. If you assume russell 2000 is a leading indicator--or even Naz, we would get a dow between 6900---6000. What happens to us then, I don't think anyone knows. Until people get confident there will be borrowing, etc., why buy a small cap?? Scary.
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