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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.91-1.4%Nov 11 3:59 PM EST

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To: Sonny McWilliams who wrote (26158)6/1/2000 3:51:00 PM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Thread. I have to do more quoting etc. today than doing my own work. Lucky you all. gg.

What a coincidence. Just when I had time to glance at CNBC, who is on? Gail Dudak. Hm. I used to like her and she actually sounded pretty encouraging today if things work out the way she sees it right now.

I never look at it this way but here it goes. She says that if CSCO can break through 66 the summer rally could go on through the summer but if not... She thinks that the NAZ will have a harder time going through a certain resistance level. Maybe she was talking about the 200 day avg. 66 is supposed to be CSCO's 200 day avg.? Anyhow, she believes that the NAZ could indeed reach 4100 but if it surprises her and goes through this certain resistance, the NAZ could be breaking its old high. The interviewer opined: I guess it would help if the FED stopped raising rates? Answer: Laugh, yes, that certainly would help.

Well, this more bearish analyst has been turning around even more from a cpl of days ago.

BTW. I believe I mentioned the other day that L.Byrini has turned a bit bearish. The correct phrase is, more cautious. So this is certainly better also. gg.

The market had turned South quite a bit after 3 pm but is heading up again. Let's hope it makes our day. Well, at least for us bullish investors.

Wow. NAZ up over 160, DOW up over 100. Let me get off here before it changes.

Intel better go to 130. <G>.

Sonny
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