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Technology Stocks : INTEL TRADER

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To: Trading Machine who wrote (8313)5/2/2000 6:19:00 PM
From: Berney   of 11051
 
That was another nasty close.

Seems that no one wants to hold overnight. Looks like could well test that lower TL in that SnP wedge at ~1440. That fails and some real fireworks begin!

The COMPX looks more intimidating. Island reversals all over the place. At this point just a possible test of the breakout, but even that is a ways down there.

Re: DIS. It is interesting that they are the last of the Big Boyz on a calendar quarter to report. Must be some execs still want to unload.

Cash is good!

TB
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