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Technology Stocks : Jimbo's Playhouse/CPQ

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To: Kenya AA who wrote (906)5/4/1999 11:27:00 AM
From: Night Writer  Read Replies (1) of 12662
 
K,
Take it easy is right. I think the definitions of a pullback and correction may be changed in the future with the DOW at 11,000. 10% or up to 1,100 points for a pullback, and 20% or up to 2,200 points for a correction may be a little too high. I would almost bet the new definitions will be 5% or 550 points for a pullback, and 10% or 1,100 for a correction. DOW 9,500 in a day or two would be called a crash. Now I'm tying to remember the market stops. Forget it. I think I'll just go back to bottom feeding.
NW
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