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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: Worswick who wrote (2879)11/13/1997 10:53:00 AM
From: Steven Bowen  Read Replies (1) | Respond to of 12468
 
Worswick, thanks.

It is scary out there and I'm afraid most people aren't realizing how bad it could get. I talk to people every day who say crash can't happen, too much money pouring into mutual funds, baby boomers buying no matter what for retirement, trading curbs, etc, etc. I cringe every time I hear "It's different now". I'm not a doom and gloomer or even a bear. But you have to always weigh your risks vs rewards. If I were to guess, I'd say probably 10% chance Dow drops to 6500. But probably better than 50% chance we're at 8000 by year end. But I still don't like playing Russian Roulette, even with only 2 bullets in my gun. So, for now, staying conservative.