INTEL FOR TECHNICIANS Message Board

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Technology Stocks : INTEL FOR TECHNICIANS

INTC 39.36

-0.1%

Jan 5 3:59 PM EST

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To: Jim Cash who wrote (1386)	6/5/1997 5:56:00 AM
From: Jim Cash	of 1513

My two cents.. Our next support level is 140. I think today we will be putting in a swing low.If we don't take out 140 then yesterday's low was the swing low and as ugly as things seem,it will be a higher low than the prior low. If we do take out 140 then I can see an ugly few hours and a reversal.. Nevertheless I think today seems like the day to put on a TRADE, if one is inclined.. Please note that it is a TRADE and NOT the reversal of the short (daily) or Intermediate Trend (Weekly) which are both down at this point. XMAN, you are right about 146 not being a good entry yesterday... INTC has been down 6 days in a row at this rate we will be at 0 in a couple of months <<< BAD JOKE >>>.

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