INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (6700)	9/1/1999 11:50:00 PM
From: Berney	Read Replies (1) of 11051

MG, There's some nice TA in that post! What really entertained me is your end of quarter comments. I projected a peak in the second week of October. That's almost unreal! Yep, I know retail tanked. I feel that one up close and personal. It was interesting that BBY couldn't penetrate that 60-min channel line. The numbers tomorrow will tell this story. To me, it just sounds like a sell the rumor, buy the news. We'll see! Drugs look like vulture bait. In any case, I wouldn't have them in the B&H category. I'm more entertained watching which ones move the most in the direction of the flow. I really do appreciate your comments on the Datek shorting limitations of SPY and DIA. I just haven't given up hope that I can pick them that will move better; but, I'm getting closer. I seem to get the Market direction fairly well, but lose it in the horse. Sideways? Since 7/2 (I know it's a strange date, but it was a Friday), the S&P is down 5.1% before today's action. It's tough to play long in that kind of environment. I'm clearly positive and ahead of that game, but it has still been tough. Isn't it interesting to see all these Bear side analysts being "retired". TB (I think)

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