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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (6713)9/2/1999 8:18:00 PM
From: Berney   of 11051
 
MG, Totally Agree!!!

The Market really didn't sell-off like I expected it to in August. It could have been a lot worse. OEX tried to peak its head over the 60-min down trend line in the last hour. If the news in the a.m. is interpreted reasonably well, we could run up just as fast as we ran down.

Nonetheless, that line at OEX 684-85 is important to hold. Don's comments about sector rotation are definitely appropriate. A classic trading range with a downward bias.

TB
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