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Strategies & Market Trends : Sharck Soup
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To: StormRider who wrote (26739)6/8/2001 11:32:42 AM
From: StormRider  Read Replies (1) of 37746
 
11:28 ET Still Waiting : The 11:15 deadline to resume trading on the NYSE has come and gone. While
listed stocks have not begun trading yet, we are beginning to see some price indications... The CME just
resumed trading in S&Ps.

11:27 ET Intel (INTC) 30.36 -0.78 (-2.5%): -- Update -- Technical -- Fell just shy of retesting the
recovery high by a half point during the opening surge with the stock subsequently on the defensive.
Initial support comes into play near 30 (retracement, Jan/May trendline 100 day simple ma). Failure to
hold above here allows for further consolidation with the next floor of interest at 28.5 (50 day simple ma).
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