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

To: MonsieurGonzo who wrote (4134)	9/26/1998 3:37:00 AM
From: Berney	Read Replies (1) \| Respond to of 11051

Steve, I agree with you totally. I thought it was almost funny when the joker responded to you that we we were going to see 7200 by yesterday. I think that this is why I joined this thread to begin with, and why I continue to be here. Review Donald's messages. I thought he responded very disrespectfully to Bill. I didn't understand it at the time and I still do not. He has a powerfull impact on the Tech Ops thread and he didn't meanfully respond to you and his message to Bill was a joke. I agree with you that I don't understand what is causing IP and the other IC companies to go up, but go up they are doing. It really doesn't make sense in a deflationary environment. Thus, either it's a fake-out (very possible) or the deflationary environment is a fake-out (equally possible). However, since I bought some IP and CAT LEAPS in my stupid days of early June, I'm glad to see the current situation. I guarantee you that they will not be held much longer. MG, just consider my private message. I'm convinced that this indicator is what this market is all about. It's all related to liquidity. Short term positions can be made when this indicator is in our direction; otherwise, it represents a good time to visit any other art museums in Houston. For whatever reason (that I clearly don't understand), the markets are intent on going up. Ron Isana on CNBC indicated a real positive spin on Japan yesterday and we got Germany elections and the FOMC meeting. But I believe that we are determined to follow 1997 and a BIG crash in late October. We got 4 DJIA stocks warning about this quarter (when was the last time that happened?). We got the rest of the DJIA in a situation where they cannot possibly make the 4th quarter estimates. So, my FA view is very simple. We will discount Germany's elections and whatever battle this Trilateral Commission situation envolves. Mr G & Co will satisfy the market in the short term and we continue to go up. However, the Market is doomed, as the companies that are fortunate to satisfy their earnings expectations are going to provide lowered expectations for the future. My bottom line, on 10/9, short IBM or MRK. Berney