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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (7428)	4/17/1999 10:10:00 AM
From: stan s.	Read Replies (2) \| Respond to of 17679

Absolutely on target Carl. Go to bigcharts.com and punch in the S&P 600 small cap index (SML) and/or the Russell 2000 (RUT) and you can see what's happening. In the case of the former it bulled over resistance with each day ending up, similar story with the RUT although it will soon encounter resistance. Money's flowing into oils as well, with the OSX testing it's trigger line with a Cup and Handle pattern. A change in the offing, let's see if it continues. Stan

To: Carl R. who wrote (7428)	4/17/1999 10:13:00 AM
From: wanmore	Respond to of 17679

I saw this trend near the beginning of the week and put some cash from tech stocks into steel, silver, oil and consumer durable stocks. BS, AEM, GLBL, ISLE, and PPE to name a few. They aren't going to FLY like the internets often do but I just felt a little more comfortable with some of my money in what seem to be a little safer investments. I have money set aside for "trading" and money set aside for long term. What I am talking about here is the trading portion. Even These seem too risky to me for a long term investment. I have kept about 40 +/- % int techs and internets. AXC is a large portion of that 40%