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Strategies & Market Trends : Rande Is . . . HOME
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To: Bucky Katt who wrote (7771)6/1/1999 9:40:00 PM
From: pressboxjr  Read Replies (1) of 57584
 
Good post William. I just finished looking at some charts of some of the internet stocks. While some people may see it as a buying opportunity, IMO there is still more downside to come. Only 1 word can describe what I was looking at ----- UGLY. Oh, by the way, just for fun, I looked up a chart on UGLY (and yes, that stock does exist), and it's chart looks great! Go figure.

Right now, I wouldn't touch an internet stock with a ten foot pole. Too much uncertainty and potential problems looming.

I'm keeping one eye on the Fed (interest rates) and the other on India and Pakistan (potential nuke showdown).

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