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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: John L. who wrote (23676)	8/31/1998 11:04:00 PM
From: Katherine Derbyshire	Read Replies (5) \| Respond to of 70976

Again, just a gut feel, but I think the blowoff today will actually relieve some concerns. The other shoe has dropped with a thud, rather than this nickel and dime 100-200 points (Dow)/day that we've been seeing. So any of the little guys who are still in are likely to stay in. At the same time, I'm not sure we've yet dropped low enough, at least on the Dow, to draw the true value investors in. We may see the Dow leveling off as the bottom-fishers look at the hammered into the ground small-midcaps. For the next several months, there's still a lot of uncertainty out there, so things are likely to remain turbulent, possibly trending downward while the global markets do whatever they decide to do. Caveat: Since I was right once, the market is likely to remind me not to let my head swell by doing the exact opposite of all of the above, just in case I forgot who's in charge. If I were smart, I'd be rich. Katherine