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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Iris Shih who wrote (2091)	10/27/1997 4:12:00 PM
From: Bosco	Respond to of 37387

Iris & all - Iris, thx... too late, bought ASND @ 32 1/4 this morn <sg>. The saving grace is that I don't hold OXHP (not that I enjoy other people's miseries <sad>.) Ok, so we ve a 10% corrections - for all major indices. What now? Zeev is the pessemistic one - are you still so, Zeev? - and think 6,200 is possible. By design or accident, DJIA was halted right above 7,200 (wish I was more accurate on individual issues!) So, the question is: will we repeat the 87 scenario when the SE Asian mkts reacted to the US meltdown - and thus a vicious spiral. I must say, Zeev's view of the t-bill situation has some validity. Hopefully, the ECI is not that strong and Uncle Al may hint of lowering the rate to support the t-bill if necessary on Wed (dream on, Bosco <vbg>) Anyway, I am not on margin, so I will just sit back and watch everything unfolds. hope you and others are ok. rgds Bosco

To: Iris Shih who wrote (2091)	10/27/1997 4:23:00 PM
From: Bosco	Read Replies (1) \| Respond to of 37387

oops, I wasn't watching. DJIA is below 7,200