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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Sonki who wrote (13740)12/1/1997 5:16:00 AM
From: Frank Ellis Morris  Respond to of 27012
 
Good morning Sonki,

Yes I had a nice weekend but was very busy with the job. Hope that we do have a year end rally regardless of why. Would like to see Intel move back towards its old high. I am looking forward to Christmas too and before that time I should have my CD albums and cassettes ready.

Have a nice day
Frank



To: Sonki who wrote (13740)12/1/1997 11:18:00 AM
From: TechnoWiz  Read Replies (3) | Respond to of 27012
 
Hi Sonki: Nothing foolish about this rally so far, looks pretty solid to me, look at IBM for eg...I think you owe me one there!

As I have been harping on about for weeks now, (but nobody seems to take any notice), I felt the odds of a buying stampede were very high and that new highs at least in the Dow were probable. I also stated that the Asian markets were so bombed out that they would have at least a decent bounce. Japan is actually beginning to look quite constructive and I think Korea is very close to a major secular low.

I also alluded to the fact that the market feels like there are a lot of majors and hedge funds short which is just adding fuel to the fire and could cause a huge buy signal to be initiated on a breakthrough of Dow 8000 as this is likey to inspire panic shortcovering. In addition this has been a very troublesome fronteir and a further meaningful penetration of this level should yield spectacular results.

Just my two cents worth for today

rgds

Wiz

Based on the developing momentum



To: Sonki who wrote (13740)12/1/1997 8:16:00 PM
From: Dennis  Read Replies (1) | Respond to of 27012
 
Sonki, Email

I just got your email to me. Thanks. I sent a message to you let me know if you get it. First time using my new email address to email.

Dennis

We have a REAL RALLY. People are more greedy than scared. Human nature. ( :