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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: Dana French who wrote (19753)10/28/1997 1:36:00 PM
From: Seth L.  Read Replies (1) | Respond to of 41046
 
All, this is a very interesting time in history for the stock market. The USA is making a very strong economic statement today. As I stated Yesterday the fund managers were presured into trading to protect their particular funds annual return %s. I said they would sell out to protect and they will buy back to prosper. Today was a little sooner than I thought it would happen. I was thinking next week. I felt that today had the potential to be as bad as yesterday. Goes to show you how reziliant (sp?) this market is. Remember the old adage whenever we have a deep drop in the DOW it always in the past doubled back that loss. How soon is dependant on the economy. It is obvious by todays reaction that our economy is very strong. Of course it dosent hurt when the fund managers Christmas bonus depends on their annual returns.

Seth