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Technology Stocks : INTEL TRADER
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To: Gersh Avery who wrote (8545)6/13/2000 8:46:00 AM
From: Trading Machine  Read Replies (1) of 11051
 
When I get into a situation like this I always wonder:
1) if I am correct and
2) if I am correct, what will be the trigger event(s).

Weeeelll, I think I'm right, I think I'm right...... I can't take my eye off the price of gasoline, thats GAS with a capital g. As in crude man, crude.

My only lament is that on the last big run up I mis read some of my inidcators and missed a nice play. But here I am in cash.

BTW, there are a coupla potential stopping spots along the way, the first is OEX 774, and the second is OEX 749 which is where I have the 200 day MA now. The 749 is a real important line and if it does exceed it, it won't be by much and won't stay there very long.

Then if we go up -- Hello 950 after a brief rest at 847.

Good luck Gersh, hope you make a bundle on this one!!

CU Paul K.
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