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To: pressboxjr who wrote (10224)10/7/1998 10:03:00 PM
From: Charles T. Russell  Read Replies (1) | Respond to of 14347
 
H.R.,

The market changes minute to minute. Would you have predicted the sell-off today? Did you think that AMD would go that low? YAHOO that low in the midst of good news?

The way the NASDAQ moved at the close leads me to believe that the market, like you, is very paranoid. I believe we'll continue to see MANY investors reallocating 401K and IRA money; moving out of stocks and into cash/bonds. There may be a small short squeeze on some of the oversold stocks, but that won't last.

Comparing my posts to the tricks TMEX plays is completely up to you... I just don't get it. For quite a long time I told you it was going to .75. You could have saved yourself some money. Instead you took every opportunity to look for alterior motives on my part; as you're doing now.

That IS my post on Raging Bull. It was made before this afternoon's carnage on the NASDAQ. I can hardly go back and ammend every post I make... but just for you H.R. here it is:

RNTK may very well go lower than ..688 given the market conditions we witnessed this afternoon.