INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (6327)	7/19/1999 9:25:00 AM
From: Trading Machine	Read Replies (1) of 11051

Steve, I have to agree with your assessment of OEX. I haven't looked at it critically for some time, this time I put the Bollinger bands on it and the upper band surprisingly is in the 750 region. So I gotta believe the market can go up some more! It is funny that this contradicts my trend line drawing where it is bumping its head on 735. Time will tell. Also I tend to give quite a bit of weight to Donald Sews pronouncements, and he has a class 1 sell on today. So contradictory assessments abound and it has been my experience (very short indeed) that when these kinds of things start to happen we are in a transition period. Then I look at the S&P futures which are almost +3 right now. Oh well, time will tell. Crater and burn CSC! CU TM

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