INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Chris who wrote (3291)	7/20/1998 10:19:00 PM
From: Berney	of 11051

Chris -- No doubt about it! Each day the mailbox gets filled (maybe a little exageration) with confirmation slips. Last week was tough as I was buying too soon, and then having to fight just to break even. Hopefully, I got that fixed now! Made a real contrarian play today buying 1500 AN at 40 1/4. Who in their right mind would buy an oil stock? AN was at 40 12/31/96 and, decidely has not participated in the bull market. Even monthly trend line support since 92 comes into play at 40. So buy them when everyone thinks there is no future. JT taught me -- it all runs on fear and greed. BWDIK. The BAMBI indicator has worked very well in giving me a sense of market direction. It let's me know if we have an overall bearish or bullish bias. Obviously, all the stocks that are not in the DJIA may not particularly care what the Big Boyz are doing. Berney

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