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Technology Stocks : INTEL FOR TECHNICIANS

INTC 41.34

-0.4%

Oct 29 3:59 PM EDT

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To: Dave Van Rensselaer who wrote (1464)	7/12/1997 9:15:00 AM
From: Harold K. Howard	of 1513

Dave I am new to SI so if I am out of line here just say so and I will try another entry point. First, I am a techie, so my commits on INTC will all be from that point of view. INTC is sitting on the 50 day sma and also on a resistance line at 152, which are very nearly crossing. Additionally, the candlestick (yesterday) looks good. My hope is that INTC would like to close the hugh window created on the 30th of May, which would give us a very nice run up to 164. Your comments please. BTW - Earnings reports, splits, and company comments could really blow this away -- INTC is at that point today. Comments. Second, I have resently (10Jul97) moved from FSPCX to FSELX, my analysis show Hi-Tech has started to move upward again. This is based on a system I use on the select funds of Fidelity comparing the relative strength of the funds to each other. Comments welcome. Very Respectfully, Harold

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