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Technology Stocks : Intel Corporation (INTC)
INTC 46.48-3.6%Feb 12 3:59 PM EST
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To: jack c rains who wrote (9197)1/24/1997 5:13:00 PM
From: Paul Oberlin   of 186894
 
Hi Jack,
I had posted on Tuesday that I agreed with your call for a correction even though the market was still going up at that point. Now, with the market action almost exactly playing out as you predicted, I was wondering if you could enlighten us by telling what warning signs (or intuition) led to your prediction. Today, most of the news stories on Reuters have a nervous overtone, quoting chartists and analysts who are also now saying a near term correction is very possible. Any insight very much appreciated.

Paul
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