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To: Lucretius who wrote (57126)8/18/1999 6:21:00 PM
From: Jim Patterson  Respond to of 86076
 
re: this mkt will never tank... give it up -g-

Don't ask for too much at one time, and you may be surprised.
While I think the market will make a new high after a low in early october, the continued death of the net stocks will make this next sell off a bit of an adventure.

CSCO reported great numbers, but it could not get up and really go anywhere. I think DELL may be in the same spot.The stock did not close strong, and aside from the morning gap, the stock did nothing.

Some think that a rate hike has been discounted, but we are just off the highs. That does not imply discounting. I think next week is going to be tough for the bulls.

Jim