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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 34.72-2.3%3:59 PM EST

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To: margaret tasset who wrote (20897)9/8/1998 5:25:00 PM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Hello Margaret. I only took off the weekend. I have been posting all along (after my stepdaughter and the grandchildren from Seattle left) but you may have missed it with your cpt on the blink. I may have missed a cpl days here and there.

Anyhow. Yes, the market certainly looked great today. I had posted to Frank last Wednesday that one of those guys from New York was calling for something really big to happen on Friday or Tuesday. He did say he thought it would be on the upside. Well, he was right, thank goodness. Today should have taken the big scare out of the market even if it goes down again. I am sure it will stay volatile for a while; at least until November. But let's hope for some more up moves first. Everybody took Mr. Greenspan's speech on Friday as a sign of lower interest rates. I just read that he was open to a rate rise or rate cut, depending on how things develop. But I am not complaining. The market seems to take certain clues from Mr. Greenspan and it is generally on target.

I am sure you are glad to see CPQ up again. It has been mentioned quite a few times yesterday and then again today. Intel and Dell are on the good list also. I am still out of CPQ. I have until 35 to buy back in before I would have to buy higher. My first purchase in over 1 week was Amzn today. I have been buying in at those levels and have done pretty well staying in until around 120. This is def. not a recommendation for this market. It could lose everything back tomorrow what it gained today. You never know what those stocks do. But I have quite a nice profit trading this baby, so I am trying it again.

Sonny
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