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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (14777)8/20/1998 12:27:00 PM
From: shasta23  Read Replies (1) of 42787
 
HI CHRIS!

Nice thread you got goin' here!Will start following you again ;-)).

re INTC: has some support horizontally around 85 1/2 ,which is also uptrend line and 21EMA. That should hold the first attack.
DJ support for me is at 8550! Not sure if that will hold.But it could since the 200SMA is getting pretty close. MACD5,35,8 had positive crossover on DJ and the downtrend line was broken two days ago.this all makes me a little optimistic that the bottom might be in. Now trading range until 8750 is broken to the upside or we fall back under downtrend line.

Stefan
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