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

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To: jmac who wrote (3390)	9/23/1997 10:15:00 PM
From: Chris	of 42787

Jmac, I rechecked the intc chart again.. today's great move might not be conclusive to say triangle is broken on the upside. however, we are chewing away that resistance. but i wouldn't be surprised if we do a dip down to 91-93 and then a power run to finally break it. I've moved my top triangle leg to connect peaks on 8/6/97, 8/21/97, and 9/23/97. i guess we will see tomorrow. ===================== Is pre warning earnings over yet? I don't want to be caught like in the last intc earnings warning, where i bought the day before it came out ;) Just as info: Tom McClennan Newsletter is saying there will be a crash sept 23-29. He states that patterns look simliar to 1987 patterns. However, iqbal believes fundamentals are different this time around? not sure. im watching the mkt closely.. INTC from yahoo: Consensus Estimates This Quarter (Sep 97)0.91 This Year(Dec 97)4.01 Next Year4.75 Earn/Shr 3.83P/E 25.16

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