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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (3222)7/14/2000 12:51:31 PM
From: Steve Lee  Read Replies (2) of 30051
 
Today INTC got within $1/2 of its all time intraday high.

Do you think it is making a double top? It is an old favourite of mine, having held it for years in the 80's. In those good old days it was growing fast and valued cheaply. Now the reverse seems to be true. Could it be time to stick the knife in my old friend and try to make money on the way down also?
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