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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Alias Shrugged who wrote (1322)	7/27/1998 10:52:00 AM
From: SJS	Read Replies (2) \| Respond to of 14427

Mike (others): ___________________________ 09:45 ET Dow -27, Nasdaq -18, S&P -4.19: Much better than expected for now, compared to indications from the pre-open futures trading... that's the good news...the bad is that tech stocks are weaker across the board with Internet stocks particularly weak, and breadth is very poor with decliners ahead of advancers by 3-1 in early NYSE trading...also, Barton Biggs, Morgan Stanley Dean Witter global strategist says we have entered a bear market and he expects a 20% to 30% correction over the next couple of months. Barton Biggs said he was consulting with Lucretius Taurus, his good friend, and one of the bearish gurus of the Silicon Investor, Invest/LTD thread. Mr. Taurus (known as LT to his friends) said he was glad Barton finally made the conversion to the bear camp....