VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: William Epstein who wrote (11646)	6/1/1999 6:39:00 PM
From: William Epstein	Read Replies (1) of 27311

John Curtis; Despite our enthusiasm for this stock John. Looking around me, I see the market getting weaker. It's beginning to frighten me a little too. I don't know your age but I am old enough to have seen several bear markets. Sometimes, they get started like this. The market starts slipping backwards quietly. A little at a time. Then its weeks and weeks of 3-4 days down and 1 -2 days up with a little rally now and again. It can last a long time. After a while it feels like sandpaper and it hurts. No stock is excepted. Good news produces reverse reactions in particular, stocks. It makes no sense. Whether we are seeing the beginnings of a bear market is beyond me but I have seen this before. I guess, it depends on how long it lasts. Frankly, I don't like the way this market looks. Bill

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