James,A shoulder, was suspecting as well ,when I wrote my post to Bobby , just a few days ago:
To: bobby beara who wrote (56430) From: el paradisio Tuesday, Jul 11, 2000 10:24 PM ET Reply # of 56573 "Bobby,thanks.This trading range should break to the upside,for a while. The reaction, after YHOO earnings is very positive. After hr,YHOO 121,QCOM 55 1/2,CSCO 63 but INTC is almost flat. Do you expect a leg up from this base? Semis are not very strong...but, the right shoulder may come from this picture."
James,INTC at 145 is a top,in my view. Regards,el |