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To: HiSpeed who wrote (62001)8/28/1998 4:55:00 PM
From: Tweaker  Respond to of 176387
 
HiSpeed,

Naz is not down 20% from its high yet so we are only in a correction.

Phil



To: HiSpeed who wrote (62001)8/28/1998 8:04:00 PM
From: freeus  Read Replies (2) | Respond to of 176387
 
I realize that the "bear market" is supposed to kick in at 20% off, but Naz is down over 20% from its high, and the Dow is getting closer and closer. I believe we are in a bear market and that the collapse of the greats (DEll, Csco, etc) is the sign that this is true. The question is, for those of us who did not get into cash, what to do about it? Eventually when we think the market is coming back, more margin to buy great companies cheap, but now?????
Freeus