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


To: margaret tasset who wrote (14605)12/16/1997 5:10:00 AM
From: TechnoWiz  Read Replies (2) | Respond to of 27012
 
Good Morning Margaret: Phew! What a week! I had to take an involuntary break from SI for the last few days in part due to trying to get over this bug and at the same time trying to hold things together in a winning strategy and remain unaffected by this unexpectedly sharp sell-off. Have been fiendishly busy trying to accomplish this without being too distracted. I will try to reply to the other posters as soon as I am able.

I had a hunch gut feeling that we were at the nadir of the Korean Market and the maximum point of anxiety in the US mkts on Friday so I took a chance along those lines trying to scoop up opportunities as per my Friday update of favored stocks in my profile. I was more than relieved by yesterdays rally...took some of the early pressure of holding long over the weekend off!! If we continue the rally today, that would be a very good sign.

I am a little worried about your BMC, because having held up quite well last week it subsequently turned down and has violated my 17.5 threshold. Although it may bounce a bit from 17, I've got a bad feeling about this one...bit like ADIC's poor performance in the face of seemingly good news. Not a good sign. Intel is trying to put in a bottom here but It might be rough going if we can't take out 75.

I have some new info to share with you healthwise when I get more time

rgds

Wiz