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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: the Druid who wrote (14631)3/4/1998 8:31:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
More in the way of a correction than a crash..been looking for
it all week thought it may make close to 8600 first..but I think
it's here..and whilec some issues in the tech sector will take
some fair hits..I don't want to call it a crash. Lets face it the
market if it just kept going would have to double by the end of
the year..it's been like almost stright up since Jan 12th..
It can't run that fast all the time without catching it's breath.
It was looking for an excuse ever since GreenSpam did his
talk..Disney started it..then warnings from ABC and NBC,
about advertisers cutting back..now INTC coming out with bad
news..Interest rates up..foreign markters down..that don't
add up to a bunch of happy campers..but there is still
cash in the money markets and they will buy bargains so..
the slide should not be to great.
Jim