Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Frank Ellis Morris who wrote (22686)	2/9/1999 12:19:00 PM
From: Sonny McWilliams	Read Replies (2) of 27012

Hello Frank. Just got in and glanced at MY Yahoo. Wow. Major disaster. But doomsday it is not. A lot of those gurus have cut back or are practically out of the market and are waiting to get in lower so they can ride the market up and make some money for their customers. A lot of those clients have lost money by those gurus being out of the market. Just look at some of those funds that have been in and out of the market last year. My Janus Twenty was up over 70% last year and my capital gains are not even worth mentioning. Meaning: They stayed invested in the market. Those brokerage houses who advice their clients to jump in and out of the market have done pretty poorly last year. But with the market having advanced greatly they seem to have more luck with their doomsday predictions. I never did understand that if the market is high why they are calling for selling. Why not sit still and wait until the stocks move again? But no, selling and then buying in lower does the trick for them. They do not have to pay the taxes we do and then there are those commissions of course. Maybe the market will look better later today. It did yesterday. Again: At least you parted with some of your AOL. Techs are the pits today. Sonny

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