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To: WYD who wrote (3760)12/8/2000 9:25:04 AM
From: RJMC  Respond to of 5665
 
Finally! Every market downturn has a bottom. Just a matter of where it happens to be. With a profit warning from blue chip Intel. We'll see if the market goes up today. If Intel and the market both go up, we might be at the bottom of the cup and on the way up since all the bad news may finally be priced into the stocks. This week may have been the turning point for a long gloomy drop. Also, the Dow has been moving sideways for a couple of years now.

With unemployment finally going up and the leading economic indicators showing a downturn, Alan Greenspan may finally turn down the heat and drop interest rates a quarter point.

There's a tremendous amount of money floating around out there and it will be nice to see it go back into the markets again.

Let's watch and see what happens to Intel and the markets today!

Good luck!

Bob M.