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To: Defrocked who wrote (8198)10/8/1998 5:10:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 86076
 
For the 3rd time in a month this guy says the market is completely sold out.
<<That turnaround set the stage for the blue chip's recovery, Mr. Scarlata said. "The dollar actually finished up on the day on a weighted basis, and that gave investors some confidence," he said. He added that, at their lowest levels Thursday, many major market indexes traded below their Aug. 31 bottom before bounding higher. That also gave some investors the courage to bargain hunt amid the wreckage. "I view this market as being completely sold out and I would expect at these levels we would begin to see the start of a sustained recovery," he said. >>