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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (9293)3/20/2001 7:52:27 PM
From: Trading Machine  Read Replies (1) of 11051
 
Well I dunno about 5700 on DJIA, and IBM at $15 seems like a buy to me..... gggg

My analysis of the broken/smashed diamond formation on the DJIA translates to 8400 over an average of a seven week period of time. Going like this it aint gonna take two weeks. gggg

I hated to check out this afternoon because my intuition tells me that we will be up tomorrow, but I made a pact with myself that I would play the technical indicators and NO gamblin'!!! gg

So with a 60 minute Sto crossing to the down side I've gotta believe that there is more downside, plus we set a lower low on all the main indexes today. That just aint Good!

Don't fight the trend, and the trend is down for the time being.

CU

Good luck

Paul Kellam
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