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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Kirk © who wrote (2763)1/12/1998 1:38:00 AM
From: Alan Bell  Read Replies (2) of 42834
 
Kirk,

Not being too greedy is what I heard too. I think we could start seeing a change as early as Wednesday. Intel announces on Tuesday afternoon and they often lead the market. If the news is good and doesn't show too much asian effect, the market might follow. Clearly, given his recent long position in this "trading" stock, Bob is expecting Intel to make positive comments. Many other companies will announce in the next few weeks. Bob's prediction is only likely if asia doesn't end up having a big effect on earnings.

(As of now, Globex SP futures are only down 2.5 pts. This provides some idea where the market might open.)

-- Alan
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