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To: McNabb Brothers who wrote (28172)1/22/1998 1:06:00 AM
From: Paul van Wijk  Read Replies (1) | Respond to of 176387
 
Hank,

>> what do you think of the fall of the Asian markets tonight and
>> the S&P drop tonight on the Globex trading

I think some of the PC-stocks (not Apple, not Gateway, not IBM) are
a great safe-heaven for 1998. Even you should understand.

And after digesting a lot of earnings I think there is limited upside
potential, but also limited downside-potential.
A depression? No way.
A correction? Maybe a small one.
The Dow back to the low 7000. Could be.
Any reason to panic, load up on puts, sell all your longs. No!

Just a wild ass guess.

Paul

BTW Did you really vote Bob Dole? If so, don't tell anybody.