INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (6716)	9/3/1999 5:39:00 AM
From: George Mc Geary	Read Replies (1) of 11051

If I were betting, I would take the upside. Generally the week after Labor Day is an up week. Historically the day following Labor Day is equal to an average rise of 0.9 percent. However this could all be overidden buy the news on employment this morning. The yen dropped to the 108 level overnite and regained its loss at close to unched. This may be the top of strength for the yen. Another reason for possible upside in the us market soon. No I am neither Bear or Bull. Think there are a lot of people thinking we are ready to tank 1000 points in a day. I can not see this happening until after another fed rate increase.

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