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To: Intel Trader who wrote (26403)7/24/1998 12:04:00 PM
From: marc chatman  Respond to of 95453
 
You are right, IMO. This sector, in the best of times, isn't going to buck the trend of the market. If people are trying to get out of the market, they sure aren't going to get into this sector.

I think today is just the tip of the iceberg, and another good selling opportunity. The blood could really flow next week.



To: Intel Trader who wrote (26403)7/24/1998 1:04:00 PM
From: upanddown  Respond to of 95453
 
I really believe we need more of a severe sell off before things come about

Geez, 41% in 11 weeks and 50% since the late 97 high sure meets my definition of a severe sell off....actually our own private bear market.

John


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