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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (10582)4/7/1998 3:06:00 PM
From: WTMHouston  Read Replies (1) | Respond to of 13456
 
There has been an absence of talk of "profit taking." Instead, the talk has been about fundamental worries: profits, Asia, etc....

Plus, today's decline has been and is continuing to accelerate...

Oops...just heard the "profit taking" label on CNBC....

The mega-billion dollar question: Is the beginning of a correction or simply profit taking that will be forgotten in a couple days and presents some new buying opportunities.... down ~3.5% on the NASDAQ in 2 days seems to me to be a bit more than just profit taking....

Troy