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

To: Sonny McWilliams who wrote (13908)	12/3/1997 6:01:00 PM
From: TechnoWiz	Read Replies (2) \| Respond to of 27012

Hi Sonny: I meant to reply to you yest 'cos you were echoing my thoughts about Naz and overall mkt. Was up all night programming, as I just started getting what you just had (URI) and I was feeling lousy and could'nt sleep. You know that feeling you get when the symptoms start and you just know you're going to be hit for six and there's nothing you can do about it. As I said to Margaret, I was hoping the Dow and S&P would come back and drag the techs up with them and lo and behold, we got about a 12 point rally in the S&P which was just beautiful...almost went to a new record high before slumping a bit going into the close, (which I did'nt like too much). Still, I sense that a consolidation at these levels should pave the way for a rush to new highs in these leading indices and blue chips. Interestingly, the 30 year yield is hovering at the 6.1% level and is either poised for a sudden unexpected rally, (which the mkt might interpret +vely (anti-deflationary) or a significant penetration of the 6% level maybe down to 5.9 or 5.8. Either way, the market may interpret either scenario positively, at least in the short term. MSFT was terrific today and INTC and CSCO not bad either. I would have to say that if INTC gets back up over 80 one more time we may get that great rally I am looking for that should take us at least to 87. When INTC has been locked in a range like this, when it decides to break out the moves can be surprising. Be careful with ADIC. I am getting very negative advanced warning signals of possible air pockets below, similar to those I have encountered on WLA and BMC, (unfortunately after the fact), gg. rgds Wiz