Bill Clinton Scandal - SANITY CHECK Message Board

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Politics : Bill Clinton Scandal - SANITY CHECK

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To: lorrie coey who wrote (18891)	12/13/1998 10:42:00 AM
From: Mike Farrar	Read Replies (4) of 67261

BAD NEWS FOR THE BULLS FOR NEXT WEEK cnn.com biz.yahoo.com I expect the Dow to be down between 1000 to 1250 points by market close this coming Friday. Monday will be a big sell off day and Tuesday will bring a panic sell off . I think the overvalued Tech. stocks and especially the Internet and software companies will get hit the worst. I predict that by Friday, most Tech. stocks will be down between 25% to 35% . I am still long a few techs, but will dump them first thing tomorrow morning. The impeachment proceedings will cause the market to very easily test the years low in the Dow, that we set in August of around 7400 .

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