INTEL- Money Making Option Ideas for Small Investors Message Board

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Technology Stocks : INTEL- Money Making Option Ideas for Small Investors

INTC 39.99

-0.4%

Oct 31 9:30 AM EST

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To: Al Serrao who wrote (84)	6/25/1997 3:40:00 AM
From: IQBAL LATIF	of 201

Where are we heading- trouble spots hi-light Al - Lets establish some grounds rules on where the market is heading. I have a feeling now INTC hurdle is 151$ and SOXx is 320.I will wait for two closings below 311.8 to confirm a test of lower levels, what does this discipline teaches us is to unfold any positions only if our supporting indicators are in line, atleast triple watching will result in more profitable trades with less trading and churning. Normallly, a trader should look and square on signs of cracks in the support and change his colours when indexes demand such a strategy. I will keep watching S&P futures, the most volatile in the market, any break of 898 willl test 891. I think overall market in Techs is heading higher, good news all around but a very negative underlying sentiments, fear governs this market, every one holds their breath to watch the earnings, as far as this earnings-price synergy is not lost to exuberance we are on the right track. I think IBM will test 100$ and INTC 156$. others will benefit also like AMAT SEG. CS APM ASND OR CSCC are looking good at these levels. \| Previous \| Next \| Respond \|

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