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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (19934)9/4/1998 12:21:00 PM
From: WhipsawMcGraw  Read Replies (2) | Respond to of 50167
 
This market is going to get hit hard today. Dow will be down over 150 by end of trading. The market is to unstable and the weekend is not a time to be long. Watch the last two hours to prove me wrong. Get short and stay short. Dow 7,000 then we are going sideways. Why does everyone assume that the market will hit a bottom and then go back up. Most times this happens we are in a "pig" mode and the market consolidates for years.

Remember, in a bear market there is no such thing as oversold. The market got over bought yesterday and today, let the selling begin.



To: IQBAL LATIF who wrote (19934)9/4/1998 2:56:00 PM
From: Narotham Reddy  Read Replies (1) | Respond to of 50167
 
Iqbal ji, what's your take on TBR

This stock has been devoured by the bears in recent days(-7 now)
and don't know if there is any life left in it.

Regards,

Narotham Reddy

P.S: The same story with CCI/TRV and other top financials.
Literally making 52 week-lows every day.