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To: Sarmad Y. Hermiz who wrote (55322)5/5/1999 11:27:00 AM
From: 16yearcycle  Read Replies (1) | Respond to of 164684
 
Panic buying?! Who knows. Nas wants to see 2400 pretty bad. Maybe then. This is happening in the face of csco e which is weird. The rules are being bent a little. 2260 would be the nas low for the year and a 15% correction. Often times when 10% is pushed thru, you get a fast drop to 15%. So we either rebound between here and about 2390, or it gets really ugly for about a week and then "panic buying" sets in.