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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.08-3.2%3:59 PM EST

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To: Sonki who wrote (12893)11/7/1997 5:44:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Sonki, this is a crazy market. Analysts have tried everything now to keep it unnerved.::
Inflation
Deflation
Interest rate hike
No interest rate hike
Currencies
Dollar too high
Dollar to low
Asian debacle
South American debacle
Unemployment too low
Retail too robust
Retail slowdown
cpt. slowdown
cpt. too cheap
investors getting negative
investors too complacent
bondmarket
Money outflow from Funds
No money outflow from funds
I could go on forever.

Once all the profit taking is over with, we will be up. Intel is up 4 dollars and it just barely covers my losses. All my other stocks took it on the chin: CPQ, HWP, PBI, DELL, LU. APM etc. Only Intel and UIS were up. I think Monday will be better. Weekend blues again and a little worry with IRAQ. Everything else is besides the point IMO. Even the employment numbers. Big deal.

CNBC brought the same guy on from Grenfell Morgan for the third time in short order. Guess why? He is sooo bearish and doesn't know exactly why. He keeps saying this is of course just my opinion. I have no guarantee on this. Well, I can do just as well. The only reason I listen to CNBC anymore is that I do get the business news The commentaries, forget it. . I am beginning to think that Ron Insana is the only guy who is not that negative on that show. He had it out with Carla Hill this morning on the trade talks. It's tough to get one up on her but he did a good jpb.

Have a nice weekend

Sonny
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