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 41.34

-0.4%

Oct 29 3:59 PM EDT

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To: Chris who wrote (158)	7/14/1997 11:11:00 AM
From: IQBAL LATIF	of 201

Subject: "IDEA OF THE DAY"-Trading in&out for profits. \| Previous \| Next \| Respond \| Remove Navigation To: +donald sew (2475 ) From: +IQBAL LATIF Jul 14 1997 9:04AM EST Reply #2476 of 2485 I have finally finished with my analysis, I have decided that I cannot say that Soxx or INTC is impending a correction, short of a debacle tomorrow or any big surprise in earnings of our bellweathers I have no reasons to believe a drop in SOXx, although a drop and a close below 325 will not signal good prognosis for the Techs. INTC is on the verge rather have slightly pierced the upper limit of Bollinger's band, I won't consume to much of your time but invite you to compare INTC performance during last six months when this band was decisively pierced, I can point out three dates 28th April, 23rdMay and 11 July, on all previous ocassions INTC was bid and moved up. In my humble opinion I see INTC up to 158-62 range based on my very unconventional analysis.RSI is at 70 last two ocassions we had RSI ranging from 50-60.UO comparative trend points to 63 -and I although do not have a convincing case believe that UO is pointing toward a new assault to highs.Stochastics and DMI K% D% and +D -D analysisfor me is positive,I think MACD is a classic signal for a higher INTC. You need to compare all these factors to last few months and make your own opinion, I may be wrong but I thought good way to put your case up and get some well deserved condemnation.Bi Bi \| Previous \| Next \| Respond \|

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