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To: Zeev Hed who wrote (3880)8/5/1998 10:06:00 AM
From: (No name provided)  Respond to of 5058
 
It seems I was right but unfortunately I did not convinced myself

Message 5315921

The question is now in case the Dow goes down to 8000, will the semi break their low support or just sit on it ?



To: Zeev Hed who wrote (3880)8/5/1998 6:26:00 PM
From: Stitch  Read Replies (2) | Respond to of 5058
 
Zeev,

Still catching up on reading and note that several analysts are bullish about the correction. There seems to be a general feeling that this is helping to prevent a melt down later by simply slipping some steam. I am not sure I agree with that assessment but it at least offers some alternative to concerns that I have about an early arrival of a major correction. I begin to worry about seeing a 7200 dow before October, possibly worse. BTW Abby says Nonsense! and has signaled a buy condition.

best,
Stitch