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To: DennisToo who wrote (12301)10/27/1997 4:02:00 PM
From: Sonny McWilliams  Read Replies (3) | Respond to of 27012
 
D2, whew is right. A lot of the profits for the year are gone. Abbey Cohen is still bullish. But this certainly was not expected. Anybody who has money left to buy will be in the driver seat. My available money went to my broker on this downdraft.

Good thing I had my seatbelt on. I was tempted to sell my techstocks but this sell-off is ridiculous. Those stocks are not any worse today than yesterday just cheaper. With a good environment we are in this sell-off should have never happened despite this Asian turmoil.

Lets see what happens when the Globex trades this evening. It could be more nerve-wrecking than a Steven Segal movie. Of course overseas markets took their lumps earlier today, so hopefully there will be some buying coming in.

Sonny