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To: ratan lal who wrote (39582)4/14/1998 4:16:00 PM
From: Darth Trader  Read Replies (1) | Respond to of 58727
 
Wave analysis - what a bunch of hooee. Wave theorists have been predicting a 50% correction for 15 years now.

INTC has a tremendous amount of bad news already priced into the stock. It's up from here. BWDIK I am in at $93 and $86.



To: ratan lal who wrote (39582)4/14/1998 5:53:00 PM
From: donald sew  Read Replies (5) | Respond to of 58727
 
Ratan,

I have noticed your comments on the KAHUNA thread and this thread, and can sense some dissatification since you are playing PUTS. I am also sensing that you are blaming PLONK for your put plays, as in certain comments like "GETTING PLONKED"(something like that). If I am incorrect with how I am reading your, then I stand corrected.

Here is my feeling. If you have seen my posts, I try to keep them as low keyed and dry as possible, avoiding enthusiastic comments like "ABSOLUTELY, FOR SURE, ETC". I personally feel miserable when I find out that someone has followed my lead and it does not work out. Therefore I feel it is important to give as much info as possible.

The only fault I see in PLONKs comments is his enthusiasm. He is specific with his reasons and when he is wrong he admits it.

No one is twisting readers on SI to follow PLONK or anyone on SI. If you feel that he is wrong then this is the perfect place to express your views with specifics. And we welcome it, but do it with specifics.

I for one am not seeing a huge drop as PLONK is seeing, but I do believe his amended timing is correct and is in line with mine and that is that the top to occur today/Wed/Thur. In light of the INTC news, it appears that the market may exceed todays highs. If you had seen my note from last week I indicated that MON/TUE would be up, and yes I am still seeing more and more weaknesses in the market, even in light of the market being up so strong, and I had called the interim top at 9100-9200, closer to 9100.

Your comments are welcomed, only request specific issues.

Seeya