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Technology Stocks : USRX

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To: Mary Ann Shubaily who wrote (8531)1/20/1997 3:17:00 PM
From: damniseedemons   of 18024
 
>-Everyone keeps expecting a pullback, and yet the market continues to soar.>

Mary Ann, I totally agree. All of the "gurus" have been "cautious" on the market for over a year now. And they've been wrong. I'm not a contrarian, but maybe when they all turn positive, I'll start selling.

Anyway, I've been saying that "this could be one of the greatest blow-out quarters in recent memory" because of the Windows NT thing....Although I've ready to sell-out of everything at any sign of a problem, I HAD to be fully in the market throughout earnings season.

The argument about the market being overvalued or not is irrelevant. Currently, we are having what I call "positive news momentum." With that, stock are going to run on good news....

Sal Habash
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