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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: airborn who wrote (11243)4/27/1998 1:49:00 PM
From: megazoo  Respond to of 13949
 
PERFECT CORRECTION

apologies for option holders, but this correction is much needed.
the market was extremely overbought, and i for one thank wall street journal for spooking the market by mentioning interest rate hike.
i am 99% sure that the Fed has no interest in raising the rates now. but short term, the bond has risen above 6% and will probably continue to do so. the naz will breach 1750 or even 1700, in my opinion.


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