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To: William C. Spaulding who wrote (19051)10/24/1997 6:05:00 PM
From: Rosemary  Read Replies (1) | Respond to of 176388
 
William,

Of course you have, but I may have missed a couple of your posts. You'll have to forgive me. I have some money set aside for just this type of buying opportunity. So don't forget me. Like you could. HA!



To: William C. Spaulding who wrote (19051)10/24/1997 7:38:00 PM
From: Brian Hutcheson  Respond to of 176388
 
William , before you buy , run a chart of the Nasdaq . Did you know that the Nasdaq has had a run up of 50% this year from its low in march ? The last 2 corrections occurred in july '96
and march '97 , they occured when the Nasdaq went 50 points above the top trendline . How much was the Nasdaq above the trendline last week?
250 points , in other words the Nasdaq looked like it was due for
a nasty correction . The events in the last few days were the trigger that initiated the start of that correction IMHO ,
Brian

PS if the chart follows previous patterns , the the Nasdaq could fall
another 150 points (to the top of trendline) or 350 points (to the bottom)