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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (19730)6/3/1998 9:36:00 PM
From: Verkaylac  Respond to of 94695
 
first of all...was only an intc "spokesperson" not the cfo. Secondly all person said was that intc was not going to alter its q2 forecast "today."

If they do it Thursday...then the guy was speaking the truth. May help stabilize techs but very very s/t. DJIA ready to collapse imho. New NAPM Index Export Orders contracted in May for 5th straight month. Only time since 1988 Export Orders have contracted was one month in 1996 I believe. Means Asia is a mega-problem. US Trade deficit probably going to $18 billion. Major earnings problem brewing means stocks in major trouble, imho.

bw