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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (8567)6/15/2000 7:03:00 PM
From: Trading Machine  Read Replies (2) of 11051
 
Gersh, I'm no expert on head & shoulders (although I do have dandruffffff) but take a look on the OEX weekly, looks to me that the top of the head is 847 and the neck line is 800 with the shoulders at 725? maybe?

I errrrred big time when I told Berney that my new indicator signaled a new local top. I misread it! but we're only one day away from it if it continues down tomorrow.

Berney has been banging on me about the horizontal support/resistance at OEX 800/SPX 1480. It has turned out to be substantial to say the least. Maybe the H&S formation is the reason?

CU Paul K.
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