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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (27955)11/6/1997 9:18:00 PM
From: Autumn Henry  Read Replies (2) of 58727
 
Couple of PA thoughts plus INTC:

Something I would think important for INTC which I mentioned a couple of days ago.......they are having a conference tomorrow and will address the $l000 computer and the Asian impact on their business. It appears the market is edgy about it. But then maybe it is the "ploy" to lower the stock before some upbeat news but the wait is not long.

This isn't TA or FA but PA.....psychological analysis.....there are a whole bunch (it seems to me from watching/listening) of fund guys unhappy with long worried faces with "missing" this rally cause they were expecting more of a retest/pull-back.....I just couldn't imagine it continuing unabated for that reason and because it I understand isn't as "healthy" without it....... plus the mention has been the upsurge is on not great volume. But I am almost "reassured" when (and I think it is when) we do our retest/pull-back cause the "second team" of fund managers sure look edgy about missing the boat as it left the pier the first time. Luckily for them days like today with the semi's cause some of the recent traders to abandon ship and drop the prices. Like host and parasite...each benefitting from the other.....you decide which.....:)

And what is this saying and how does it work traditionally as it is only my second November ........."the bears get thanksgiving and the bulls get Christmas".....?

Hey Jim almost time to get that lemon meringue pie out again! And thanks for the site.

Autumn
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