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Technology Stocks : Intel Corporation (INTC)
INTC 43.95+3.4%3:59 PM EST

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To: Nicolas Waters who wrote (3361)9/16/1996 6:52:00 PM
From: damniseedemons   of 186894
 
Did you also hear John Murphey's take on CSCO and HWP in the evening? He is bullish on both of them, saying that they appeared to have "broken out."

The reason I mention this, is because it is hard for me to image CSCO and HWP doing very well, and the rest of the market sliding.

In my opinon, John Murphy is a great technical analyst regarding INDIVIDUAL STOCKSS, however he isn't very accurate in making GENERAL MARKET calls (it seems that he always finds a chart to tell what every market story he wants. Sometimes he's bullish, sometimes he's bearish).

I am reminded of wise words that someone told me, "If he's on CNBC, then he isn't making any money....Because if he was making money, he wouldn't waste his time being on CNBC."
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