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Technology Stocks : INTEL TRADER

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To: Berney who wrote (3694)8/27/1998 5:10:00 PM
From: Jurgen Trautmann  Read Replies (3) of 11051
 
I came back home and miss a after 4 p.m. statement...

When I check "my" bluechips, it's looking like strong programmed selling during the last trading hour. Less important stocks (like gtw, starbucks, SIII) has been traded quite "normal" today.

So mm's didn't want allow a rescue - that cannot be misunderstood: a more or less agreed target is - I don't know what exactly - but far, far deeper. Maybe really my proponed 7000, maybe even less.

It's the only way to make big wins this year: selling now, re-buying in late September and riding a October-rally. Every who buys now must pay the price.

I bought today sbux and ko (leaps of course) - I regret that money.

I will try to keep strong next time when markets keep sliding, keep a certain amount of powder for the coming deep-sea-ground.

I think, greed is no good guide in such situations - patience is by far better.

What do you Dudes think?

Jury
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