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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: dave brown who wrote (6386)1/17/1999 9:28:00 PM
From: Sans Souci  Read Replies (1) of 37507
 
Test 8,900? I'd rather think the market will move up strongly on Tuesday (DJIA +100 points or more) and will end the week up 2-5%, perhaps touching a new all-time high. DJIA 10,000 is going to happen in Q1 1999, and currently sits less than 10% away. (Where are YOU going to direct your retirement saving this year? The money market? Bonds at historically low interest rates?)

Also, anyone who thinks the Internet stocks are going to collapse down to nothing is a fool. These people will be kicking themselves for selling a year or two out from now. Sure a few will flame out, and a few newcomers will come out of nowhere to surprise -- but a basket of well-picked shares will do very well indeed.

S/S
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