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Technology Stocks : Intel Corporation (INTC)
INTC 36.91-1.1%3:59 PM EST

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To: Sonki who wrote (63574)9/17/1998 11:34:00 AM
From: Tunica Albuginea   of 186894
 
Sonki, an additional point to remember is that in a market decline people will take losses in Oct through Dec. Because of the recent 20% loss in the Dow and Naz the selling of big caps will further drop the Indices.This may start triggering margin calls from individuals. The big funds will start to sell to meet individuals asking for redemptions.Remember that the market fell for one whole year after Nixon resigned. I believe Clinton will be gone, just a question of time. Of course there is the erroneous perception by folks that he is responsible for this 6 year bull market ( when in fact it's Gingrich'/Republicans' " 10 points ", implemented in the " 1st 100 days ", all of which the Prez vetoed, that produced this bull market).
Anyway the perception is there that he did it. If he goes, will the little stock holder panic and sell?
I think so. For Barton's " wet diaper indicator " to work, it is neccessary that Joe - Blow panic and sell at ridiculously low prices. At that point stocks will be ridiculously oversold. That's when you ( and I bet , Warren Buffett, should/will buy ),

all IMHO,

TA

Again Barton's buying sign of the " wet diaper " is not upon us yet I think .
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