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To: Road Walker who wrote (37760)10/27/1997 11:52:00 AM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
A close over 7600 would be better than a close under 7600. <G>
I think we will start to stabilize now. The street is sufficiently scared and the public is in for the long term. I'm going off line and look at the charts...possible over sold enough for a bottom.
Jim



To: Road Walker who wrote (37760)10/27/1997 12:16:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 186894
 
John, Banks' profits may be going down. All prices profits will be going downn in a disinflationary period. The only thing you want to buy is what will keep your business going: fewer works, more PCs to automate your labor force, and a telephone. Bought more Intel at 56.
Next I will look at the networking stocks. ( much later though, gg ).

TA


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