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Technology Stocks : INTEL TRADER

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To: Chris who wrote (4587)	11/10/1998 2:04:00 PM
From: Gersh Avery	Read Replies (1) of 11051

Yes and as DJ pointed out .. There is a linkage between the saving rate and consumption of the US population and the DJIA. If you wish to get an advanced look at how the retailers are doing this Christmas season watch the stock market. If the market is going up during prime shopping season then the retailers will do well. Want to check out some real mania? Furby index now ~$75 search.ebay.com These markets resemble the former Japanese markets. The US consumer will shift over to saving as soon as the market starts to drop again. As they did during the last dip. (My money market funds right now pay 6.0%) Then when the dip and spending continue the next quarters profits are lowered which feeds more selling of stocks .. but not for now. For today each of us takes turns being the greater fool .. Gersh

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