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Technology Stocks : INTEL- Money Making Option Ideas for Small Investors
INTC 40.16-2.9%Oct 30 3:59 PM EDT

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To: Dr. Bob who wrote (132)7/6/1997 9:44:00 AM
From: IQBAL LATIF   of 201
 
Is INTC a great buy or a sell?

Subject: "IDEA OF THE DAY"-Trading in&out for profits.

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To: +xia qiu (1776 )
From: +IQBAL LATIF
Jul 6 1997 9:40AM EST
Reply #1781 of 1781

SOLVE THE RIDDLE ON INTC CHARTS: IKe
Xia-TA of INTC;Where does INTC goes tomorrow? I will ask questions you answer.

I have been studying the chart of Intc, I would like to point some very intersting
developments:

Stochastics-Lets look at K% and D%,
03/25-K% 73 &D% 28
04/17-K% 91 &D% 41
07/03-K% 94 &D% 31

1=Refering to the previous INTC charts tell me what happens next?

DMI- +D1 -D1 and ADX, look closely at their intersections and pattern of ADX
declining?

03/25- +D1 25 -D1 38 ADX 63
04/17- +D1 34 -D1 26 ADX 46
07/03- +D1 29 -D1 23 ADX 39

Look at the intersection on all these dates and notice the 'rhombus' prior to these dates
formed as a result of these intersections, if we go by what has happened on the past
three ocassions when INTC DMI looked in a similar pattern is INTC a great buy or a
sell?

Your answers should be based on Scochastics and DMI only, even if you don't know
TA, you should be able to highlight the similarities.

Answer- Before tomorrow's opening?
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