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 40.56

+10.2%

Nov 28 9:30 AM EST

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To: Sonki who wrote (13740)	12/1/1997 11:18:00 AM
From: TechnoWiz	Read Replies (3) of 27012

Hi Sonki: Nothing foolish about this rally so far, looks pretty solid to me, look at IBM for eg...I think you owe me one there! As I have been harping on about for weeks now, (but nobody seems to take any notice), I felt the odds of a buying stampede were very high and that new highs at least in the Dow were probable. I also stated that the Asian markets were so bombed out that they would have at least a decent bounce. Japan is actually beginning to look quite constructive and I think Korea is very close to a major secular low. I also alluded to the fact that the market feels like there are a lot of majors and hedge funds short which is just adding fuel to the fire and could cause a huge buy signal to be initiated on a breakthrough of Dow 8000 as this is likey to inspire panic shortcovering. In addition this has been a very troublesome fronteir and a further meaningful penetration of this level should yield spectacular results. Just my two cents worth for today rgds Wiz Based on the developing momentum

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