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Technology Stocks : DELL Bear Thread

DELL 146.68

-1.7%

Nov 7 9:30 AM EST

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To: Lucretius who wrote (2168)	10/15/1998 10:39:00 PM
From: lin luo	Read Replies (2) of 2578

How bad will it be? The first sign of inflation certainly will be the rise in price for these commodities such copper and energies (including gold), especially when these asian countries are alive again (probably not for too long). I remembered the time when the industrial base metals went to the roof(copper @1.5 per pound compared with today's 75 cent, Yen @80 compared w/ today's 115), and I thought the stock market was dead. No, it was still okay but we had a hard time. Little inflation actually will be good to the country. But, today's action might just have trapped those who did not want get involved. Any further disappointed news from the Fed will spark severe selloff. It was also a bad move to push at such high level. Seems they are timing the markets or something is really wrong. They should get in @ 7500 level. In any case, I think both bulls and bears still have chances to make decisions.

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