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To: Berney who wrote (6300)7/15/1999 11:08:00 PM
From: John Harton  Read Replies (1) | Respond to of 11051
 
JMHO Tomorrows Forecast

General gleanings from looking at too many charts.

The Compx and QQQ show another healthy day for the Nasdaq.

F shows some weakness technically but not fundamentally. Somethings gotta give.

INTC still strong, will break to a new high ~72 sometime in the next 7 to 10 days(Problem for me is I need it 70+ tomorrow).

My condolences on CSC Dudes, but to me it looks like it goes a little higher before it gets caught in the general tech and market correction that has to occur in the latter half of this year. This to a couple of guys to whom holding a stock position for 45 minutes is an eternity.(^_^)

Question of the day. Say you are a fund manager and the dollars are rolling in and your funds charter demands 95% equities, cash limited to 5%. What do you buy now? Keeping in mind that high turnover is frowned upon for tax reasons.

Answer if you like or consider it rhetorical.

One tired dude
-John