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To: Broken_Clock who wrote (13848)3/5/1998 6:07:00 PM
From: Bazmataz  Read Replies (2) | Respond to of 95453
 
Bob Pissssssani on CNBC saying oils were very weak at the close. What an ultra-moron. Why not say they held up very well and even showed strength as money flew to earnings stability?

Motorola warning should make tomorrow even more interesting....

BC



To: Broken_Clock who wrote (13848)3/5/1998 8:40:00 PM
From: SJS  Read Replies (1) | Respond to of 95453
 
Look at the bigger picture for uno-segundo. It's gona hurt no matter what. Tech stocks are everywhere. Mutual funds own a boat-load, your IRA probably does, too. I am not happy about this because it portends the possibility for a lack of leadership in the market. I don't think oil's strong enough to be a leader now. Nor the banks, or drugs. Tech's been the thoroughbred, and frankly it's done a darn good job for the last 3 years.

While I may not own MOT, or INTC, or CSCO directly now, my IRA's do.

Frankly, I like the tech's in leadership position even if we get some spillover. I don't want the gunsights on oil...