SI
SI
discoversearch

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.
Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Drew Williams who wrote (1543)7/27/1998 7:32:00 PM
From: limtex  Read Replies (1) | Respond to of 29987
 
Drew -

Lew Dobbs commented tonight that there are a whole bunch ( I can't remember maybe even the majority of ) S&P 500 are down over 30%. Market gains are mainly in a few favorite stocks and the broader market has no strength and is declining gradually and continually.

Nyron Kandel mentioned a 10%-12% correction before the end of summer. I ask myself correction of what if the broader market has already suffered a majority of stocks which have declined over 30%?
IE if the favorites drop 10% what on earth is in store for the rest of the market?

Regards,

L