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To: Zeev Hed who wrote (78355)3/10/2001 11:48:16 AM
From: Haim R. Branisteanu  Read Replies (4) | Respond to of 436258
 
Zeev, my take is that they will try to stabilize and then the market will rally .

I voted with my money closed most calls I wrote last week and bought some tech just before the close. Still have all cash in my IRA and may dip in next week.

As I posted before the news and the charts of tech stocks look very bad and from an economic point, world wide we are better of than October 1998 ............ but people are shocked at their losses and the speed that so called "Tech Blue Chips" fell. Companies who have valid businesses and top notch R&D trade in their Juvenile prices.

They all hit a wall due the egomania of AG and Bush et company.

It is strange that technology is trading below the relative price of a seller of carbonate sweet water ......... yes I know but all is relative .......... e.g. P/E ratios.

Haim