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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: matt fahy who wrote (24307)11/10/1998 2:49:00 PM
From: joe  Read Replies (1) of 45548
 


matt,

Naz-100 is up 17 pts (+1.18%). It's starting to
get up there.

Another difficulty with the market is that the market
is sensitive to any "news". COMS could have an
'ace' up it's sleeve. Greenspan could come out and
say something positive. Germany might cut rates... The
point is ANYTHING can happen, and there is good chance of
upside news potential. Too much bad news has already been
dished out the last 3 months.

Why isn't the Naz down 50pts today? Isn't it about time
YET???

Why doesn't the DOW crash 200pts? Isn't it about time yet??

I guess it needs more time...in the mean time, a lot of
stuff keeps going up.

I think the difference is this. You guys are all waiting
for a BIG pullback so you can do what...BUY!!! Everybody
is thinking this. Real pullbacks are caused by lot of
fear, and everybody wants to sell...NOT BUY. Not enough
fear on this thread yet...just a lot of hungry
buzzards.<gg>

joe
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