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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: bobby beara who wrote (43662)	3/20/2000 3:47:00 PM
From: sandeep	Read Replies (1) of 99985

Beara, you may be right and also maybe seriously wrong. This move in Intel could be part of the shift from speculative "broken parabolic curves" stocks to solid stocks like Intel. Intel could be in the early stages of going vertical. Who knows ? I remember someone posted an article from Sands which said that INTC should top out at 129-130. My point is that it is fruitless to time or talk about the top. There is plenty of air in all stocks. We just need to identify the sustained downturn...

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