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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: bodie who wrote (7539)2/12/1999 7:37:00 AM
From: Dave  Read Replies (1) of 27722
 
Bodie,

I doubt the correction is over, but we'll have to wait and see if there is a follow through up day next week on higher volume...if there is, I would be more confident that we are out of the woods.

Low interest rates and a strong economy point to a continued trend upward, but I am cautious because of the VERY high level of bullishness in the market. I would also like the see a turn around of the advance/decline line...it's not looking very pretty right now and it's negative slope often preceeds a market downturn.

It will be interesting to see if the liar's acquittal has any effect on the market.

Dave

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