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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (5471)12/6/2000 11:51:30 AM
From: J.T.  Read Replies (2) of 19219
 
INTC this pos can't even hold yesterdays gains and is now lower than my second purchase INTC 33. Now at 32 5/8.

Chart looks ugly as sin a rollover dead dog act... got lower to go near-term just hoping for a dead cat bounce today or tomorrow.

This sucker gets back above 34-35 minimum and I am outta this pos. Take my total net losses and run.


...<I have averaged down and bought more INTC at 33. Average cost basis reduced to 37 3/4>...

Best Regards, J.T.
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