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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (4986)11/2/1998 6:15:00 PM
From: ron peterson  Read Replies (1) | Respond to of 14427
 
<<go up significantly before it goes down>>

I don't know what you would call this last 1500 point move or so but I think I would call it up significantly. Right now people aren't buying because of fundamentals in the market. They are buying because they are afraid to miss out on the dow hitting 10,000. The dow hitting 10,000 is the same as the dow hitting 1,000. It probably isn't going to happen. Pretty soon you should have everyone that has bought will have bought. People will soon realize that the conditions in the market place haven't gotten much better. Then opps we just hit a brick wall. I don't know but last time I hit a brick wall it hurt.