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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: Sawtooth who wrote (4281)10/12/1998 9:52:00 PM
From: still learning  Read Replies (1) | Respond to of 12623
 
Good thought, but if CIEN is early, then that won't help. As others revise downward, they will also feel the pain of continued poor market psychology. I expect we'll see more downward pressure all around (Dow, S/P and Naz) and then a fleeting rally in Nov/Dec.

Tax loss selling, like the holidays, seem to start earlier each year. As I see it, the "January effect" is now in December.