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To: Ibexx who wrote (65698)10/1/1998 4:31:00 PM
From: Sam Citron  Respond to of 186894
 
Ibexx,

Does Ralph say whether the test will succeed, or will it go lower? My guess is that ultimately it will go lower.

Sam



To: Ibexx who wrote (65698)10/1/1998 5:03:00 PM
From: TTOSBT  Read Replies (1) | Respond to of 186894
 
"October massacre plus retest of previous low after a month--as Ralph A. insists)"

As always the 'true market'(where it should be) always fools the fools. October effect already happened! The FED's latest action (ACTION!!!) has turned the retest around. There is lotsa side line money. Where do you thing it will be looking to go? in the great 4.94% bond market? or 30% to 40% corrected stocks?

It's still no too late to listen to Craig Barrett who said "Intel will be back second half of 1998" I havn't heard that he's changed that?

TTOSBT