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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Trey McAtee who wrote (41354)12/3/1997 3:46:00 PM
From: BlueCrab  Read Replies (2) of 186894
 
Trey, Chip -- Kurlak provides a service to investors, small and large, who don't have a clue but have money. He tells them, quite simply, what the market has done, not what it's about to do. Thus, he has a 50/50 chance of being a genius or a goat. His pronouncements have a small effect on the market, but where he is restating the obvious he often follows trends that last long enough to make him appear right.

To the longer-term investor, he is just background noise. To options players, he is quite often the signal for reversals. To Mrs. Kurlak, I'm sure he is an excellent provider...

Jeff
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