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 38.44

+0.7%

Nov 10 3:59 PM EST

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To: Sonny McWilliams who wrote (26299)	7/28/2000 11:20:50 AM
From: William Hunt	of 27012

Sonny ---Good morning ---I do not know who are the biggest thieves ---OPEC or the Brokerage houses . The GDP comes out strong with consumer spending dropping from 7% in the first qtr to 3% in the second qtr yet GDP is still strong . This means that productivity increase at a strong rate in the second qtr which should negate the 4% raises that everyone is getting . Up comes the brokerages and the institutions ---lets sell Tech ---with the amount of downward pressure you start to wonder if this is not being orchestrated ---sounds like the oil companies . Wholesale gas prices ==.87 cents +.18 cents Federal tax + .17 cents state tax = cost . That means they are making .18 cent profit in my home town ---normal profit is .10 cents a gallon . Not too much gouging ? Trimtabs had eight billion dollars of fresh money flow into equity funds this past week ---we must be setting ourselves up for a rally after the FED next meeting in August ---I guess we will have to wait until the first of the year to pull some of our money out of the market . The way the market is acting really smells ! BEST WISHES BILL

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