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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 43.48+8.6%Dec 2 3:59 PM EST

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To: margaret tasset who wrote (20031)7/2/1998 4:24:00 AM
From: TechnoWiz  Read Replies (1) of 27012
 
Good Morning Margaret and Sonny: Thanks for the feedback. Once again Asia is rallying impressively as expected. Potential still exists for an explosive upmove of 1000 points plus in Japan.

Wall St acting well in concert. I liked the way Intel acted. We could be about ready to do a 'Microsoft' and really soar. Pity the shorts. Same with CPQ. A breakout over 30 could be exceedingly bullish.

We are potentially in a major third wave of some sort in most stock market indices, implying a continuing rally of some considerable strength and substance.

Personally, I find the continual drumbeat of commentary by the talking heads about how narrow this rally is rather puzzling if not ludicrous.

In line with my comments of recent weeks, it looks pretty broadbased to me, in fact this is one of the most synchronised, universal and powerful rallies we've seen in a while.

Obviously, these people are not paying attention to what is really going on. Their endless barrage of negative remarks only seem to serve to help the market higher these days, so I've become somewhat immune to it all. TK may have gotten it wrong this time around.

I'll be worried when they start getting too excited

Best rgds to all

Wiz
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