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To: NoName who wrote (439)2/10/1999 2:16:00 AM
From: BenYeung  Read Replies (1) | Respond to of 492
 
From www.msnbc.com, a trader said:
“I think just in general we are seeing continued selling and profit-taking in stocks that had been the leaders in the up move”

Largely, the media is downplaying this and calling a 94 point drop in the NASDAQ a "profit-taking." Well, I am not sure if a 50% correction in a stock is called profit-taking.

I am still bearish but I won't mind playing a trade or two. I am also looking at some long-term investments? Any one?



To: NoName who wrote (439)2/10/1999 4:14:00 PM
From: TobaccoMan  Read Replies (1) | Respond to of 492
 
Hey NoName,

I think you are right about the strategists. The following is my opinion to another thread concerning a strategist's comments today:

Message 7759621

Only time will tell. TM


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