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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (6582)8/15/1999 2:55:00 PM
From: Berney  Read Replies (2) of 11051
 
MG, How about a favor!

I believe your software is much better at projections of extent than what we're using. Looking at INTC on a weekly chart and drawing an upper trend line from the August, 97 peak, where do you show the line at now? Thanks!

It is interesting to be looking at down side with the charts showing break outs. <g> However, I just see too many individual charts hitting or close to potential resistance levels. GM has an interesting trend line on the daily that it's bumping up against. Having got caught in the F busted pennant, I'm watching this one with interest. Another interesting chart pattern is IP. But, having spent a couple of hours talking with TM, I concede that life would probably be a lot less complex if we just focused on SPY, DIA, and QQQ.

Your T + 3 is an interesting concept. Don has definitely convinced me of the power of the three day pattern!

PBTB
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