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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 3:59 PM EST

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To: Tenchusatsu who wrote (128635)	3/1/2001 2:01:52 PM
From: Jim McMannis	Read Replies (1) of 186894

RE:"Jim, wasn't it you that said the bear market ended when Greenspan lowered rates for the first time?" Yes. And the markets have gone about 10% lower than that point. I didn't even think the Nasdaq would get much below 3,000. Now, I look at ten years charts of the Nasdaq at 500. Apparently, AG is pushing on a string right now but at least he's easing. He has to wait for the dust to settle before anything he does can take effect. The W2k bubble is just deflating the tech stocks. Typically the Nasdaq is 1/5 of the DOW. It was about half of the DOW a the bubble... Also remember that the stock market will bottom about 6 months prior to when the last parts of the economy bottom. Jim

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