Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: MONTHY22 who wrote (3538)	4/7/1998 9:45:00 PM
From: Michael Anthony	Respond to of 6317

Don't be surprised if the MM's aren't done yet. They've been shorting all along. I suspect that unless the market tanks big tomorrow again, there will be a 1 point or so recovery before selling comes again. When it does, it will be a doosey scaring out the last few hundred thousand so they can load up and cover over the next few days. Buyers are scarce still. It'll have to go lower to entice anyone to get on board in large numbers. New buyers are nervous now. Dow retracting from it's peak and the Nasdaq is looking to retest 1700's again. Patience is a virtue. It will come back yes, but it will go a bit lower still first IMO. Not tomorrow. A bit of a bounce I expect tomorrow, yes. I also expect those not getting out today will do so in anticipation of lower prices tomorrow. Won't be long now, but not yet. JMO.