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


To: MonsieurGonzo who wrote (3056)6/16/1998 8:33:00 PM
From: Intel Trader  Read Replies (2) | Respond to of 11051
 
Greeting fellow money makers -- How I long for a nice cigar!

Might INTC hit low 80s, high 70s? I think that is possible Steve, but maybe in the last quarter of the year. I think we may be in a sucker's rally right now -- just a pause to refresh before going further south.

The key to the whole thing in my op is that HK maintain their currency pegged to the $US. If that is not possible, Asia will tank horribly. I suspect that HK and various other countries in Asia will experience severe currency devaluations similar to Indonesia, and that will add to the final market Armageddon.

But today, we live and enjoy the fruits of a favorable Mr. Market.

it