INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Trading Machine who wrote (8315)	5/2/2000 9:32:00 PM
From: MonsieurGonzo	Read Replies (1) of 11051

rather than T... ...look at UMG and LMG.a because they tend to track T 1:1. Looks like T is being pulled toward ~37.5 imho. T's chart is busted; that candlestick formation on UMG is called a bearish kicking pattern - kicking usually has mo in the direction of the kick, Paul - though a DeadCat bounce is certainly possible. Market hit its head on the apparent DownTrend Line on our TMW.X - Wilshire 5000 Total Market Index chart, and promptly turned around. Because of the NDX : SnP divergences, etc., this chart has been useful to me. I sold some stuff yesterday, and wish I'd sold more (^_^) -Steve

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