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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: Ted M who wrote (5997)6/13/1999 10:48:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 9818
 
Ted,

It's a tough question.

There is already a TON of money sitting on the sidelines according to data I've been hearing... well over $1 trillion in money market accounts alone, neither in bonds or in stocks.

But the market can go down on relatively light volume if there is little buying pressure out there. Specialists and mmkrs will drop the prices down to where they can equally match buyers and sellers.

Regards,

Ron