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Technology Stocks : INTEL TRADER
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To: bobby beara who wrote (6961)10/14/1999 1:59:00 AM
From: Berney  Read Replies (1) of 11051
 
bb, Re: Ringing the BEL

I've been saying for some time that the fact that Floyd put a lot of their service underwater, has got to hurt the quarter, and definitely not reflected in the price. But then, that is FA stuff that, of course, never gets reflected in TA.

As far as TA, it has amazed me how strong BEL has been in the telecom sell-off. As long as the stock holds $61, the weekly up trend line from October, '98 is intact. You may be right that it is sick, but I'll wait for the break. I've played it both long and short multiple times this year.

Just A View from the Swamp

TB
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