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


To: Devil's Advocate who wrote (3117)10/8/1998 12:38:00 PM
From: Art C.  Read Replies (1) | Respond to of 7247
 
I agree---Today is pure unadulterated panic selling---by everybody on everything. Under normal circumstances(which I'm not sure apply anymore) that's a sign of a near bottom. Probably before long the large institutions will say "OK, we've scared eveybody out---buy like hell", and they will get in at the bottom before the small investor feels safe enough to jump back in.

Art