Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.09

-0.3%

2:47 PM EST

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To: Andretti who wrote (29241)	8/14/1997 4:23:00 AM
From: SPEEDRACER	of 186894

It appears that intc has been more resilient than I expected. I have been looking for another opportunity to short it, but the market has kept me on the sidelines. Looks like 98.5 is a tough level for it to get through. I would feel comfortable selling it above 98 with a stop around 100.. Still looking for a min of 89.5 quickly, but caution is needed. I THINK A TEMP TOP IS IN PLACE AT 102, But INTC has fooled me before. It certainly could drop to the low 70`s , after all, it was just there 5 or 6 weeks ago!!! Bearish still......

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