Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 54.33

+0.1%

Jan 22 3:59 PM EST

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To: Jay who wrote (44552)	1/8/1998 10:59:00 PM
From: Sabrejet	Read Replies (1) of 186894

i hope you weren't implying i am blindly bullish. on the contrary. but as a contrarian, things are sounding pretty bleak right now and that tells me a short term reversal is ahead. asia doesn't scare me. in fact the media and many financial so called experts have this thing a bit out of wack. if you think the imf or the U.S. is going to let asia flush itself down the toilet, your nuts!(i know you didn't say that!) intc is now @74. that means psychologically 50% of the people feel the stock should be higher and 50% lower as of today. how people can be so convinced this issue is going lower OR higher is somewhat comical. today was the first day of possibly a final leg down before the years bottom point. after that, it's time to move forward. psychology AND MONEY will move this market forward. equities are and will always be the place to be for the long haul. sc

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