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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.920.0%10:58 AM EST

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To: Brian Malloy who wrote (26093)5/24/2000 1:29:00 PM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Brian. I know it's not a good thing for Greenie. That's why I said: I hope he sees it Summers way. gg.

It looks like we are heading down with internet speed in the NAZ. It's down over 100. Talk is next support 2950. I don't know. I am a bull and I am not screaming for lower lows. Above 2950 is perfectly alright for me. As far as I am concerned the NAZ can go up any minute now. I had enough down turn. SDL is taking a nice drop along with the other nets and techs. I see Nextel is up. It just got an upgrade from underperform to hold or something like that. Wow. Now that's what I call an upgrade.

If this keeps up, Greenspan will not have to worry about productivity due to the Internet. Any more downturn and those cos. could head for the trash heap and the old economy stocks will reign again. gg.

Oh, before I forget. Bob Pisani just said that the volume is pretty strong on the downside. He said: Not a good sign for the bulls. When the volume was low, it was: Low volume on the downside not a good sign for the bulls. Slow grinding bear market. I guess nothing is a good sign now for the bulls. I think MER just said it's probably overdone here. Maybe even their portfolio is starting to suffer and they don't want to sell here either.

Intel and MO is about the only thing in the green for me.

Sonny

PS. For Bill H. What did you do? Go back to bed? I am off.
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