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Technology Stocks : Intel Corporation (INTC)
INTC 50.22-0.7%Feb 9 3:59 PM EST

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To: Jim McMannis who wrote (37446)10/24/1997 4:35:00 AM
From: Gary105  Read Replies (1) of 186894
 
Upward from here. I'm going on record as calling the bottom of the intel cycle as yesterday - we filled gap at 81 and closed above it. While we are under 200 d MA, I'm looking for a close above 83 1/4 today - this is a very low risk entry point for both intel stock and intel derivatives imo. If rise is orderly we may never look back. If we gap up today theres 50/50 chance we retest yesterdays close. We've seen the bottom.

All imo,

Gary
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