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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (13512)	8/28/1998 11:48:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 120523

Hi Jenna My sentiments as well... there is NO good reason to try to bottom fish yet... the markets going lower and could be very troublesome into Mon... noone should hold long positions over the weekend...it's not necessary... I'm thinking even though Russia isn't a major factor to the US, if Yeltsin resigns the financial markets might react even more negatively, because of the communists regaining control of the gov...IMO, this would be NOT GOOD for world markets.... everyone needs to watch & wait and trade carefully...an enormous amount of stocks are getting killed here...large losses and going lower...the fund magrs & instit...are bailing right now!!!!!! high volume selloff is a real problem..... we are extremly oversold, but could go lower, just like we went higher in an overbought senario for months on end... everyone just stay fast and loose....