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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Wally Mastroly who wrote (3765)3/4/1998 9:17:00 PM
From: Investor2   of 42834
 
RE: "My guess is that Bob just sold out of Intel(or perhaps on Tuesday)"

On last weekend's show, Bob pointed out that Intel was exhibiting relative underperformance. He went into great length pointing out that Intel went through a period of sequentially lower intraday highs the previous Monday through Wednesday, all while the market was making new highs. He pointed out that Intel then dropped below $90, again while the market was making new highs.

When I heard this discussion, I thought to myself that Bob must have sold his Intel mid- to late last week. I have no idea if this is the case, but his discussion gave me that impression.

Best wishes,

I2
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