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 36.31

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1:18 PM EST

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To: Sonki who wrote (8197)	8/21/1997 7:57:00 PM
From: Frank Ellis Morris	of 27012

Sonki, RE: "Dip that we buy on may be a cliff" It is my humblest opinion that all conditions are still most favorable for the bull to roar forward. This has been one of the greatest periods I have witnessed in my lifetime. Yes by the time we would fully recognize that we were in a bear market the dow probably would have retreated several hundred points and in trading times like the present, this could happen in a session or two. Most bear markets are several months to maybe a little more than a year. I do not think we will see any bear market severe as the 1973 and 1974 one again. Sonny might want to give his feeling to this also. Although I am not qualified to address leaps Sonki, I think you are implementing a little caution by always buying the two year leaps and exercising them six months before expiration. I do not see amy reason why this bull market cannot go on for another two or three years given all the factors remain friendly as they are now. Best Wishes Frank

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