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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Devil's Advocate who wrote (3107)10/8/1998 10:34:00 AM
From: Tim Luke  Read Replies (1) | Respond to of 7247
 
call me crazy but i think the naz could see green today



To: Devil's Advocate who wrote (3107)10/8/1998 10:36:00 AM
From: Art C.  Read Replies (1) | Respond to of 7247
 
DA--Depends on what stocks you are looking at. For some stocks, you are right--it is way overdone----PANIC/PANIC. For stocks like the over priced internet stocks I think that it's time for them to come down to a realistic level. Question is---what is it going to take to turn this thing around. Any speculation on this?

Art



To: Devil's Advocate who wrote (3107)10/8/1998 10:41:00 AM
From: aps  Read Replies (1) | Respond to of 7247
 
selling will continue until there is a dramatic change in the situation in japan and other economies stabilize. We might another spark rally when rates go down again shortly, but that is temp and naz is heading to 1000. everthing is being sold by major players, well almost everything..xylan however has been holding up.


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