Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Brian Malloy who wrote (25778)	4/4/2000 11:28:00 PM
From: Sonny McWilliams	of 27012

Hello Brian. I was out today but had the chance to keep an eye on CNBC. Hm. Around noon I was sure glad that I had reduced my margin even though I did some bottom fishing late last week. I could have done without that. Whew. Every net stock I own was down big time and what a surprise at the end. But I still suffered some losses in some of the nets. It was quite a bit but still peanuts considering how much I had been down. Yes. I am sure a lot of this action today was margin related but why? I remember what Clinton and Blair did to the bio techs, then Dear Abby letting us know gently that she was going to 5% cash and the guy who shaves his head yapping about the nets, then CNBC paraded every known bear onto their show for days on end (there may have been one or two bulls), the tiger fund manager could not hack it anymore, everybody talked about excessive margins out there and the FED should raise margin requirements, let's not leave you out gg, option guys were blamed also and of course a lot of those economists and bearish analysts kept on insisting that the FED just has to go to 1/2 point rate increases, maybe even before the next meeting, to kill the economy and the stock market. Well, not quite the exact words. Then we had this Msft news and its stock debacle, JDSU being asked to submit more info about their merger with ETEK the second time around, which was not taken well by some of those nets, and then there was also this news about the PM of Japan being in a coma. So we finally saw the results of all this today. And right now it looks like we are not done with all this. S&P futures are down and so are the NAZ Globex futures. Yeah. I guess you enjoyed this market today. But I still don't play the option game. On days like these I wonder why not. gg. Sonny

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