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Technology Stocks : INTEL TRADER
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To: Berney who wrote (6496)8/5/1999 10:39:00 PM
From: MonsieurGonzo  Read Replies (1) of 11051
 
Berney:" OEX... "

>OEX 665 provided the support I had hoped for...

As investors, they threw money at GE IBM T WMT C MRK today; it's an obvious dip and buying op for stronger hands.

...made a nice hammer but, ~690 +/-10 is now resistance.

I think the bounce/up-wave will probably fail to surpass ~720 max extent, then lose its mo. I would feel better if we had bounced off of the 640~650 area, fwiw.

Meanwhile I will try to remember that it's a dip, and not a base (^_^)

-Steve
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