Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Mark who wrote (10434)	11/5/1997 10:49:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 70976

Mark--- Just going on history. All the big dips that did not last more than a day or three tested those lows and often went lower. The most recent example was 87 when the dead cat bounced high then redid the drop. Look at 73/74 - 90 and others. You can go all the way back to 07 to see the drop quickly rebound then drop again. This market was due for a correction but deeper and longer than what happened. It was a nonevent. All the indicators of a strong economy are here so nothing would last,,, but a couple days is not a real correction either. I have been wrong before. Though I stay fully invested and even well into margin in order not to miss any run up I think a corection will come at some point. The higher some issues go, the higher some PEs get--- the farther they may fall. JOHN