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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Eddie Kim who wrote (32068)8/31/1998 11:12:00 PM
From: Loki  Read Replies (1) | Respond to of 97611
 
Eddie..." "Sucker" rally the next several days and then we head lower."

How low? Do think there will be an extended Bear Market,
such as you mention, 1973-1982?

Loki



To: Eddie Kim who wrote (32068)9/1/1998 11:38:00 AM
From: Dr. Id  Read Replies (1) | Respond to of 97611
 
I say we get a nice "Sucker" rally the next several day and then we head lower.

I agree. I sold 4000 of my 5000 CPQ yesterday, along with all of my RMBS and half of my AAPL. I prefer to sit on the sidelines and wait through this thing. This morning I watched the Dow go from up 140 to down 120 to up again. THis is not a market I feel comfortable investing in, while people are so completely emotionally driven. I still believe CPQ will be fine long term, though I have a good sense that I'll be able to get in quite a bit lower (after the next disaster day...)

JB