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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (4638)4/11/1999 10:12:00 PM
From: Secret_Agent_Man  Respond to of 30916
 
Andrew, that is it a BEAR TRAP looms over the naz, afterall, what has really changed? exactly my point nothing except CPQ is missing it's #'s and has been trending DOWN for a while...However I'm mindful of the fact that right at this moment NAZ are -4750 so up we go into the wild blue yonder....yes, I was in the air force...



To: Andrew H who wrote (4638)4/11/1999 10:19:00 PM
From: Steve Fancy  Read Replies (3) | Respond to of 30916
 
Andrew, FWIW, although I'm a believer in contrarian thinking, under normal circumstances I'd say tomorrow would be a disaster. Instead, short of further bad news, I expect the markets to open down hard, level off and close with a downside bias. With all the big names to report in the next two weeks, I don't think they'll sell off to far...especially with Kumar indicating he felt CPQ's problems were company specific. Heck hardly anyone else has warned. Hopefully the worst of it will be in the first 30-60 minutes.

regards,

sf