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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Roads End who wrote (21293)	3/10/1998 7:57:00 PM
From: Hector	Read Replies (2) \| Respond to of 97611

Steve, I generally try to cover my shorts as soon as I'm up 5% and if it goes against me I have very tight stops and get out quickly. As long as the dipsters come into buy on every decline, stocks will not go down appreciably. You may have noticed lately that the rallies after each down day are getting weaker. Money managers are running towards the safety of big caps and that's why I think the the day of reckoning is near. The troops (small caps) have taken a beating. It's only a matter of time before the generals follow. BTW, it also pays to look at the action in YHOO, AMZN, and other stocks with no real fundamentals. These stocks have been levitated by the "greater fool theory" and nothing else. Dave