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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: Tony Viola who wrote (27838)7/31/1997 5:10:00 PM
From: Ibexx   of 186894
 
Tony,

Last night when I looked at the INTC techs (in a rudimentary manner), all major signals were positive: MACD, Accum/distri, RSI, On Balance volume, and most of all, DMI (directional movements).

WIll look again tonight when the day numbers are downloaded.

You are right that the stock is in uncharted territory. Statistics have shown that most stocks valued at $90s will proceed to $100 quickly--call it a psychological effect if you will.

Best,

PS: will look Bollinger bands short-term and intermediate-term.
Ibexx
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