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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Sonny McWilliams who wrote (22806)2/18/1999 9:24:00 PM
From: William Hunt  Read Replies (2) | Respond to of 27012
 
Sonny ---Any thoughts on what M.L. has been preaching the last three months that the market still needs a correction to the 7500 area . Another 15 to 20 % per cent according to them and Lehman brothers . With the economy still growing strongly , inflation under control and the FED lock in on interest rates --- the only thing I can see is that they want to shake the tree to buy cheap . Besides there is a ton of money in market market accounts ( bonus money , 401k ,etc -- they will have to put it to work sometime ---32 billion per CNBC vs 17 billion this time last year ) Appreciate your thoughts

BEST WISHES
BILL

PS Frank's DELL held up pretty well today ---I am glad for him