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To: accountclosed who wrote (22166)2/26/1999 3:44:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 86076
 
am seriously considering buying INTC, AMAT, MU and NVLS calls. Oversold without support in the rest of the market. Gonna all gap Monday.



To: accountclosed who wrote (22166)2/27/1999 12:48:00 AM
From: Alias Shrugged  Read Replies (2) | Respond to of 86076
 
AR - my two cents re: how little damage done with SOX down 10%.

Very little money is being withdrawn via the big index funds. So, when SOX tanks, proceeds from selling SOX stocks in SPX (MSFT, INTC, ORCL, CSCO, etc.) is invested in other sectors. Big dump comes when folks get real nervous and start moving money out of the big cap growth funds. Then again, WTFDIK