INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Berney who wrote (3752)	9/1/1998 1:45:00 PM
From: MonsieurGonzo	of 11051

Berney; RE:" thar she blows " A bullish bounce, indeed - making hammers on the four important sectors: Techs, Drugz, Retail, Financials - though the financials are still weak, and brokers have been downgraded on account of (suspected) trading losses. Good grief - closing where we opened would be bullish! Interesting to note what does bounce. Lotsa people think we will go below DJIA-30 target ~7400. As so many people are bearish now, the trader in me wants to be bullish in the short term. The investor in me is sayin' that this is a technical rally, and the best I can hope for is a horizontal trading range. What are your thoughts ? -Steve

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