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Strategies & Market Trends : Watching the market collapse -- Ignore unavailable to you. Want to Upgrade?


To: VBroady who wrote (1)7/27/1999 5:41:00 AM
From: Snowman  Read Replies (1) | Respond to of 150
 
Hopefully not a collapse but we are due for a nice correction.



To: VBroady who wrote (1)7/27/1999 7:26:00 PM
From: paulmcg0  Read Replies (1) | Respond to of 150
 
"many are getting a rude introduction to the market."

It's going to get rougher... The pattern we are seeing is that stocks will go down for a while, recover some of their losses, then go down further, a zig-zag line.

I was working in Thailand in 1997 when their stock market collapsed, and I saw it happen, because I was working for a Thai telecom company that was handling the real time quotes for the SET (Stock Exchange of Thailand). Share prices just kept going lower -- it was relentless!