INTEL TRADER Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTEL TRADER

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MonsieurGonzo who wrote (6908)	10/8/1999 3:01:00 AM
From: Berney	Read Replies (1) of 11051

We're not far off in our target date. You're probably closer. Thus far only two of the Big Boyz have reported earnings and both sold off. Part of it may just be the uneasiness of tomorrow's numbers, but then there will be other numbers in this unrelenting burn-out cycle. The caveat I consider is that IBM is approaching the 50% retracement figure and HWP held at the break-out horizontal support. JPM is getting ready to move. Murky broke the down trend line, and the re-test will tell the tale in this sector. In fact, only retail looks toppy. KO didn't get quite to my projection of $46 (yet). The Mouse is battling a monthly up-trend line. However, the key is the Industrial Cyclicals as there are some broken pennants in this area that need resolution. Just a View from the Swamp. TB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next