Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: lin luo who wrote (1734)	8/31/1998 7:12:00 PM
From: lin luo	Respond to of 2578

Several things linked with today's action on the Street. First of all, of course, you have the daily dose of Russia. It is the last day of the month, funds have to readjust their loss reports by selling good stocks. Everything started getting worse in their last 2 hours as fund managers. $US is lower, so it also means foreign selling too. Things will be getting worse if they start to sell bonds. That is good sign to tell the collapse of the market. It is 20% now, see how far it will go. Tonight could be a nightmare for overseas markets. Again, if DELL goes to the toilet, so will the rest. DELL, CSCO and MSFT will the last standing on the street. So far no company is warning about its earning? So, ... It probably needs another round selling like this to finish. Today's volume is disappointed.