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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (2659)4/25/1998 12:53:00 AM
From: Berney   of 11051
 
BAMBI Update

Not quite a lullaby for all dude. Your in my time zone now. Glad you got to check out an American mall. It is a neat concept. Right up there with the supermarket.

Well, tech did their part this week. Didn't save the BAMBI indicator and its now 11/19 bearish. But, we had 2 bullish signals (DIS & HWP) and two bearish signals (MRK - finally & JNJ). We are in a cautionary period, but 11 of the DJIA stocks beat the S&P and IMHO this does not a bear make. I'm equally concerned that PG issued a bearish signal last week and was up this week.

My call - volatility yes; bear no.

For those that hadn't seen this on our beloved INTC:
infobeat.com
Let's see, that's Dell and IBM in one week - not bad.

MG we're going to miss you. It's not fair that you will be gone two weeks. With IT off making the big bucks, its going to be lonely. BTW, BT is fine with me.

Berney
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