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To: Lucretius who wrote (71280)10/22/1999 3:43:00 PM
From: MythMan  Respond to of 86076
 
just a rotation into Dow stocks plus banks?



To: Lucretius who wrote (71280)10/22/1999 4:43:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 86076
 
the nutz got really kicked in the nuts today...told you INKT was a good predictor for the sector. the whole net hype is undergoing one of it's frequent setbacks on the news that growth isn't what it was advertised to be.
there was a nuclear winter rumor going around re. CSCO today...if true, it would finally break the tech mania.
and we really are overdue for a pause in that particular game.
a 60% haircut in the NAZ for starters would bring us near last October's lows...eventually a target of 300 points (the '87 high) should be attainable.

just kidding! stocks only go up! buy the dip!