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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: KM who wrote (16080)1/13/1998 10:09:00 PM
From: TechnoWiz   of 27012
 
Evenin' Truf: My sentiments exactly! I could feel the shorts getting squeezed all day as the Naz and S&P climbed relentlessly higher.

This one feels like July 96, April 14, '97 and a bit of July and a sprinkling of October all rolled into one. There is a developing chance that we may be embarking on some kind of third wave of a fifth of the big third we've been in for years maybe in the major indices. If so mkt could develop some long legs.

As mentioned in previous posts, Asia is so bombed out there is more bounce potential than further selling. I honestly believe that if HK gets back over 10k the momentum could carry it to 12 or higher.

As for trying to trade HK why don't you trade the main ingredient HK Telephone HKT, it's a lot stronger relative strength wise. Indonesian Telekom TLK also looks interesting. Check out Korean Telephone as well. This is a potentially safer way to bottom pick these countries.

Btw: Check out my long term fav FNTN. Thread activity is heating up, lot of positive comments. I have posted some technical commentaries there recently, esp in regards to the basing formation of this issue.

Let me know what you think?

Good to hear from you again

regds

Twiz
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