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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (42299)4/16/2000 11:01:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 74651
 
RE:"Jim-- the talking heads expect the overseas mkts to close down in sympathy to our mkts of Fri. They expect 5 - 9%. Most expect their averages to follow ours the next few days. That is the reason Japan does not want to halt trading and mess with the dollar. BUT all are in dreamland hoping for a US recovery or at least halt to the bleeding tomorrow. This will just instill more panic here"

Them following us is typical.
In '87 however...the selling started in Europe (Fidelity got a jump on it) and accelerated in America and Asia followed the next day.
This is a little different.
Important thing is that we don't go down and "stay down". If we do...it's another world dawning...

Jim