INTEL FOR TECHNICIANS Message Board

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Technology Stocks : INTEL FOR TECHNICIANS

INTC 45.51

+10.7%

Jan 9 9:30 AM EST

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To: vc21 who wrote (1426)	6/14/1997 3:51:00 PM
From: xstuckey	of 1513

>Is that a double bottom I see on Intel at $ 142 over the past couple >of days??? Any > technical opinions. Was this the reason for today's run to >147??? The support in this area could be attributed to a trendline from the July 96 lows, passing through the April 15 low. Intel money flow has been negative 11 of the last 13 trading sessions. In light of this poor money flow performance, which I believe is fund money leaving the stock, continued support in this area is problematical. Best Trading, X

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