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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%Feb 10 3:59 PM EST

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To: Jim McMannis who wrote (37466)10/24/1997 12:29:00 PM
From: Gary105  Read Replies (4) of 186894
 
Jim, buying intc below its 200 d MA has proven to be very profitable thus far this year. Right now its difficult to say how long panic will last, but when it moves I see first resistance at 200 d MA (about 83 1/4, next resistance at lower part of gap (87) then like knife through butter to 93. We've gone from exhuberance to panic quickly here. My bushel is ready.

Gary
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