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: Sonny McWilliams who wrote (19216)	4/28/1998 3:26:00 AM
From: TechnoWiz	Read Replies (1) of 27012

Hi Sonny: For some reason this post did not show up on my radar screen . Apologies for not responding sooner, I guess the bears won the 'Mexican Standoff' for Monday and although 'El Toro' may have gotten a little bloodied, he ain't dead yet. Let's see if he can mount another charge on Tuesday. Catching up on my post readings, I just realized I did answer you with my PBI warning, my brain is on overload lately. Just checked PBI - Wow! What a shalacking it has taken. Hope you were able to bail with parachute open...Guess it turned out to be a bull rally trap. This was early am Friday's reply posted at 3.02 AM ET: The Blue Chips, Transports and larger stocks look vulnerable to some sort of correction here so if you're nervous - I would personally sell or go flat and wait and see how this thing unfolds. Best to be out for now. Bonds are at a critical level here. If the 30 year bond yield turns back down from 6%, bonds might get a reprieve, but in all honesty any further breakdown in June Bonds is going to negate this scenario. The key support is right here around 119~20. If this support doesn't hold, yield will penetrate 6% and Bond action would portend sharply lower prices as I previously outlined. Rgds Wiz

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