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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Alski who wrote (28611)	4/18/1999 8:57:00 PM
From: Doug R	Respond to of 79233

Alski, "A tech "recovery" already?" From the bottom of that list of articles: Fidelity's Magellan Pares Technology Holdings "Because of its size and its legacy of star managers, Magellan's moves are closely watched by investors and analysts. ''From a guy who is one of Wall Street's best technology buyers and sellers, this is a cautionary sign,'' said Lowell. ''Stansky has taken his foot off the gas.'' "Fidelity Investments' flagship Magellan fund revealed Friday that it pared holdings of both Intel Corp. (Nasdaq:INTC - news) and Lucent Technologies Inc. (NYSE:LU - news) and beefed-up its stakes in financial giant Citigroup Inc. and media conglomerate Time Warner Inc. (NYSE:TWX - news) ." Citigroup has been the best performing Dow stock this year...no wonder. It's likely that we'll only see a technical bounce after another hit on the tech sector this week. Doug R