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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Darren who wrote (50516)7/28/1998 5:17:00 PM
From: Mighty Mizzou  Read Replies (1) | Respond to of 61433
 
Fellow Investors: Thank Ken Starr

This from USA Today Online money section Moneyline:

"Broader stock indicators also slid sharply in a barrage of selling that hit just as news broke that Lewinsky, a former White House intern, had been given immunity in exchange for testimony."

That explains the 49's we saw today. I guess Starr believes the second version of Monica's story. Read my lips, if the Republicans ruin this stock market with this witch hunt they sure are gonna get a whole lot of votes come November election time. Retirees, by far the voting majority, are gonna love their mutual fund pensions going down the drain.

Are we trying to outdo the Japanese?

Good luck tomorrow everybody, I think we're gonna need it!

Pete :o)



To: Darren who wrote (50516)7/28/1998 5:27:00 PM
From: gbh  Read Replies (1) | Respond to of 61433
 
I don't know how you could be 0% cash in this chop. That would eat at my stomach...

Mainly putting to work cash from sells at higher levels of ASND, CSCO, DELL, and XYLN. Also, sold some AVEI at 40. Still long all these, but lighter. CA is currently the only noose<sic> around my neck.

I don't think we are in chop right now. I think we are in a definite downtrend with a bottom nearing. But I think things could turn quickly once Bill just admits the babe bl*w him. :)