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

To: Berney who wrote (4389)	10/17/1998 12:27:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 11051

Berney .. Agree .. flight from funds. But flight to what? Money market funds. People are still working. John Q. is still grabbing those matching contributions. The cash is just going into the box marked "fixed interest option." At some point John Q. will decide it's time to catch the wave. Then the flight will fly back. Result? Old bull trend line still intact (minus overhead of course). In the meanwhile shares have moved from the weak to the strong. Anyway .. I had a 180 rethought about this market and thought it important to let you know that. If the market is trending up when all of those letters hit, John Q. will feel foolish to be in cash. Missed my target entry date .(dammed 401k timing) was shooting for exit from bonds yesterday @ close and entry into the dip that should hit Monday - Tuesday. Monday @ close would have been nice. Instead both transactions hit yesterday. Caught a nice blip up on the bond funds. I expect that any of those small gains to be lost on Monday. FWIW Gersh