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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: vegetarian who wrote (16972)1/13/1999 8:45:00 AM
From: Oeconomicus  Read Replies (1) | Respond to of 18691
 
MC, my comment was partly tongue-in-cheek, but only partly. Didn't they also report good results in chips for PCs too?

No matter, though, as even mighty Intel may not be able to save the market today. US investors have been running full speed ahead, but with blinders on. Brazil has been tanking big time and no one cared. Now their central bank chief resigns and suddenly everyone is spooked. If I only have the courage of my convictions about this market, I'd make buckets of money today. Unfortunately, I'll just be watching.

BTW, while INTC is looking pretty much unchanged pre-open, AMZN is asking 150, YHOO 355 and EGRP 82. Gonna be an interesting day.

Bob