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Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST

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To: Return to Sender who wrote (7926)1/1/2003 11:01:12 AM
From: Kirk ©  Read Replies (1) of 95546
 
INTC:

I was just looking through my charts and found INTC at its lowest RSI in 6 months. Could be time for a bounce in INTC. Soon at least if we get a penetration of the lower Bollinger Band to go with the oversold condition:

I noticed this the other day:

bigcharts.marketwatch.com

Intel often has a nice bounce after it hits the NASDAQ Composite. My guess is because it is one of the better known names in the Nasdaq so when the Nasdaq Rallies, Intel rallies harder.

but then if I put in my favorite stock to trade, LRCX, then it rallies even harder and it is far less known. My guess here is more short it.

bigcharts.marketwatch.com

Happy New Year!
Kirk
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