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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: vinod Khurana who wrote (18131)10/27/1997 6:39:00 PM
From: dwight vickers  Read Replies (1) | Respond to of 42771
 
Hey guys, this was a serious decline. They cut into a soap opera on ABC when they shut the market down.

Thank God, one of their analysts said it was good for the economy for the stock market to go down. That clears that up. Somehow I thought that market declines could be signs that there were problems. Guess not.

Just my luck to be in Door County on vacation when this happens. No CNBC at my fingertips. Would have loved to see the perma bulls stuttering and sweating like they were in '87. Or John Bollinger (as in Bollinger Bands) being literally white as a sheet, and having trouble speaking.

Too early to tell if this is the beginning of something, or the end. The danger is that things get out of hand. Governments really can't control the markets, I hope everyone understands that.

My guess is that it doesn't crash like '87. A long drawn out period of underperformance is more likely. Maybe a rally to new highs, with big divergences first.

Kinda like, soybeans or pork bellies. "LIMIT DOWN"!!!

I love this stuff!!

Dwight