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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (3351)	7/28/1998 10:03:00 PM
From: Anonymous	Read Replies (3) \| Respond to of 21876

The market will pull LUCENT down. Just keep watching the advance/decline ratio. Its been steadily going down and market history will verify that when that starts happening, as it has, the market will correct. There are not too many stocks that will withstand the pressure. Most will move with the market and the stronger companies will bounce back quicker than the weak ones when things start back up. I agree with you that all the indicators are showing a market correction. The "experts" all give investors the same advice...stay in for the long haul...that gives them time to make their moves as the slide continues. Curbs on the market keep things from sliding too fast these days and most big investors know by now how to use those curbs to their advantage. Hopefully the bounce back after this slide, which I believe we're in right now, will be quicker than 1987 ... only because of all the money pouring into the market through 401K deductions every pay check. If the un-informed investor - the little guy working for a living and not knowing much about stocks, but investing in a 401K because he's been told that's the thing to do if he doesn't want to be starving when he reaches retirement ... well, that guy isn't going to make any moves once he's made his initial decisions on how to invest his money. Because of that fact, the fact that if he's chosen a growth and income fund, or an aggressive stock fund, or a bond fund or whatever mix, he's laid down his contract with his choices. And if those choices say to invest in stock, well the fund that the money is going to "HAS TO INVEST IN STOCKS IN A SHORT TIME AFTER THEY RECEIVE HIS MONEY" - after all he didn't say put it in a safe place until the market goes up again. That little guy has said put it in stocks, whether his choice might be small cap, intermediate cap, or large cap, or whatever mix. All that money coming into the market is what is keeping it propped up. The wheelers and dealers are busy as heck trying to decide where to put that little guy's $$ while trying to figure out how to protect their own investments in so called "flights to safety." Comments?