Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.08

-3.2%

3:59 PM EST

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To: tcmay who wrote (168750)	7/26/2002 11:00:27 AM
From: fingolfen	Read Replies (1) of 186894

Looking at the chart, I see a candlestick formation forming at $16, with a fifth Fibonacci term possibly appearing at $14.87, plus or minus $.03. If the Moon is in Aquarius and the stars begin to shine, chartists may rejoice. Ooooooh... its got a Fibonacci term... is there a Taylor series in there as well??? ;-) "Charting" essentially assumes all stocks are cyclic and are not affected by externalities... IMHO you may as well go down to the track and put your money on a pony you like.

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