The OEX... gasp! Message Board

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Strategies & Market Trends : The OEX... gasp!

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To: Stuart Briscoe who wrote (157)	12/9/1996 10:38:00 PM
From: Jerry Rosenberg	of 658

Stuart; You are correct, the book to bill will be hyped. Tis the season for hype. The thing that bothers me is that the quantity of chips sold no longer reflects on the state of the Computer industry. The crunch for memory increases the chips per unit etc. Sales for PC's at retail are down. More and more chips are being produced off-shore. etc. etc. Funds are begining to report "outflows and redemptions". IMHO-With record inflows expected in January from Bonus monies etc. I think the funds would like any corrective action before the new year influx. Have you noticed the block trade activity? I am starting to look hard at OEXMC jan 715 p. jerry

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