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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who started this subject	2/5/2002 11:36:02 AM
From: Joe Stocks	of 787

INTC- Watch this one for signs. Last two weeks big intraday reversals were led by INTC. AS a large component of the DOW and COMPQ big swings by INTC can lift the market with all the semi's that follow it. If "big money" wants some higher prices to sell into INTC is a good tool. Look at today's action on INTC from 10:24 to 10:42. Up on high volume then after 10:45 down on low volume. Created a head fake for the general market. It cost them on INTC but they more than make up for it on all the other issues that they sell from higher levels. Just a thought. Joe

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