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Technology Stocks : INTEL TRADER

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To: Trading Machine who wrote (6763)9/15/1999 8:16:00 PM
From: MonsieurGonzo  Read Replies (2) of 11051
 
Paul:" much ado about 100 shares "

>absolutely SSM!! You talk about Cahones...

...well... {blush} reality check :

Thank you for your order!

You sold 100 shares of DIA (Amex Diamonds) at 110 1/32!

ORDER DETAILS:
The tracking number for this order is: C-400-AAAA-3949
Order entered at: 09:38:00 on 09/15/99
Order processing began at: 09:38:02
Order executed at: 09:38:39 on 09/15/99

...wasn't greedy - just entered an order to cover at 109, +1 bone; took MadameGonzo out to dinner (^_^)

Would like to know you and TB's read of the DJIA-30 right now ?

As we are below the 18d EMA, (as well as the 50d EMA) a bearish bias is in effect - and so we are looking for an entry point to buy diamonds.

UpSide resistance is around 50d EMA ~10,950 +/-50

...we're near an UpTrend Line that has remained intact since April (on a closing basis, around ~10,769 tomorrow).

I've got a fib level around ~10,655.

...then a horizontal support at around ~10,450.

A ten percent correction from 11,350 high takes us to a level of ~10,225 +/-25, where there is a fib calculated near-support, just under the 200d EMA area around ~10,300.

geocities.com

-Steve
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