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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (7428)12/21/1999 5:10:00 PM
From: Berney  Read Replies (3) of 11051
 
Gersh, Not a big rally, but I'll take it.

I dumped the BAC and am about 80% cash. Too early on the entry and exit again, but seems to be my history.

Was watching SGP and BBY today, but neither could seem to break the shortest of downtrends. Some of the damage has been incredible. The Drugs still need steroids, MMM broke my weekly uptrend line, looks like the market thinks EK is going out of business, CAT seems destined to test $40 again, BA is obviously going to stop making planes, GT has been obliterated, WCOM just doesn't seem to like $81, no one cares about the value in MO, PEP seems to just wander around with KO, with its few exceptions retail is sick, MCD is again flirting with $40, and ...

Then there is tech. Hard for even me to ignore that DELL broke that weekly down trend.

An interesting game!

TB
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