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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Jurgen Trautmann who wrote (2148)3/19/1998 5:12:00 PM
From: Intel Trader  Read Replies (2) | Respond to of 11051
 
Jury, KO is again at a top (a double top IMO). With

a. the resignation of the marketing exec creating potential uncertainty,
b. the current mkt in desperate need of a correction,
c. the technical trend of KO, it seems that the reasonable thing to do now is for it to consolidate along with the rest of the market.

With the week end coming up, I can forsee that KO may correct itself with traders getting out.

At the present moment I see very few stocks that are worth buying (unless I want to ride them down and then up after a while).

BWDIK, maybe the market will reach 10,000 by end of April (did you see this DJ?).

The best to all,

it



To: Jurgen Trautmann who wrote (2148)3/19/1998 5:24:00 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 11051
 
You forgot to tell where these bears and bulls are operating. In an upward or downward trend (g)? I can be Rudolph the red-nosed deer for what the market cares. It's the trend that counts - if you recognize it and accept it and use it. Well I'd rather be a bear in a bearish market and a bull in a bullish, than any other way. Remember last year catastrophy? Well for me, I did not lose in August. I lost significantly after the break-in, in september and october, because I kept my bullish glasses on.

BTW, buying Nikkei puts and $/Y calls (predicting a trend after March 30th).

regards

Janko