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Technology Stocks : Intel Corporation (INTC)
INTC 40.51+0.4%Dec 9 3:59 PM EST

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To: TCGNJ who wrote (111923)9/30/2000 8:47:22 AM
From: Ibexx   of 186894
 
TCGNJ,

Some music to the (investors') ears:

From the options/TA expert Bernie Schaeffer:

"..Where do we go from here? It is quite normal technically and often very healthy after a huge rally to surrender half the gains before the rally resumes, and this is what I expect to occur with the COMP and the techs once we move out of the September-October "funk period." November, December and January are the #3, #2, and #1 months for COMP performance historically. When the realization hits that the Fed is out of the way and the economy remains in good shape (in spite of, not because of, Greenspan), I believe we’ll see a strong year-end rally with the techs again leading the way..."

schaeffersresearch.com

Ibexx
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