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.

Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Moosie who wrote (28612)	10/7/1998 3:58:00 PM
From: RocketMan	Respond to of 50264

This is not to make excuses for Digitcom, but I was just seeing some statistics on CNBC. The NASDAQ is down to October 97 levels, the Russell 2000 has dived almost straight down, investors are selling into strength, as seen by Yahoo being down in spite of expecting to beat the street's earnings forecast, NASDAQ off over 27% froms its highs. What we have here is a BEAR market, and I think it will get much worse before it gets better. Institutions are getting out of their positions, shorters are having a field day, and day traders are the only ones making money. And I don't mean on BBs, I mean on the listed companies! AOL has had 8-10 percent swings per day! Of course, since I said that, it will probably turn up tomorrow, right? So what does this have to do with Digitcom? Beats me, since I don't have financials.