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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Jeffrey D who wrote (9077)3/23/1999 1:48:00 PM
From: Tony Viola  Read Replies (1) of 42834
 

Tony:<<Yawn? Higher oil prices, possibly causing higher inflation, isn't the cause
for the market tanking today?>>

Hi Tony, not much activity over at the AMAT thread lately.

No, I don't think this is the cause of the market tanking today. I think it has to do
with earnings, profit taking and PCs more than anything.<<<

I don't know. The only PC related news I saw today was positive: Merrill's reiteration on Intel as a ST accumulate and LT buy and words: "four reasons why all is fine with Intel", about which I heard no more. We'll see what they're saying tonight on the business shows.

Tony
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