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Non-Tech : Wit Capital Group Inc - (Nasdaq - WITC) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (770)	8/5/1999 11:50:00 AM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 845

I noticed that. I was looking at the action in AOL and a number of other high profile internet stocks this morning and it looked like climax selling, I nibbled at some AOL (78 1/4). I wouldn't be surprised if we got a bit of a bounce. That said I am not a short term trader so don't make to much of my nibbling <g>. My view remains that the market is going to be corrective for the balance of the year and I suspect the overall market will move a bit lower and we won't see a significant rally till next year. I also continue to expect at least one more Fed hike and probably two. Henry