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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Blacksmith who wrote (731)12/7/1998 10:17:00 AM
From: SteveDavis  Read Replies (1) | Respond to of 99985
 
RJH,

IMO, the "pros" sold this summer but this was a mistake. The little guy hung in there and bought stock that was ON SALE. Lehman Bros reached $23 on Oct. 8, CPQ below 25 etc. There was no fundamental reason to sell.

That is why you have to be careful listening to the "pros" as they all have different opinions and agendas. I think Abby Joseph Cohen has to best handle on the market as a whole. Listen to her as she has called it to a "T". Never panics and is unflappable.

Steve