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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.56+0.1%11:26 AM EST

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To: Frank Ellis Morris who wrote (25706)3/29/2000 9:06:00 PM
From: Brian Malloy   of 27012
 
Frank,

NAZ closed near the lows on the day. I am expecting more weakness tomorrow. Looking for NAZ to put in a triple bottom. Reversal should be underway on Friday or early next week. Even with the sell off, cycles, charting, seasonality indicate we are headed higher. I still look for NAZ to hit 5,300-5,500 in April.

Not AJC, but the majority of the bozos on CNBC calling for the death of the NAZ are the same clowns that say this every time. Basically, any analyst that was unable to recognize and flow with the NAZ rally starting in the Fall of '99 has little credibility in my book. I refuse to be swayed by their self serving words. When the NAZ/markets head south in mid/late April or May, it will be due to seasonality. Not their prognostications. If a fool yells fire long enough, one day there just may be a fire. In which case they don't get credit for calling it.

Hang tough,
Brian
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