SI
SI
discoversearch

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.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: James A. Venooker who wrote (55507)10/8/1998 12:15:00 AM
From: gbh  Read Replies (3) | Respond to of 61433
 
What leads you to believe the bleeding is not over?

Here's my list of reasons:
1) Because I am a firm believer in the capitulation theory.
2) So far, the selloff has been methodical, not maniacal.
3) Puke it up "at any price".
4) DOW is still at 7700.
5) DELL, MSFT and IBM have not been truly punished yet.
6) No one really understands the hedge fund situation.
7) Nothing has changed (in Japan/Asia).
8) Greenspan wants the market to go lower.