Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 42.61

+6.5%

Jan 7 3:59 PM EST

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To: Paul Fiondella who wrote (37777)	10/27/1997 3:04:00 PM
From: Jim McMannis	of 186894

Paul, We should see a big bounce in the DOW between here and 7132 (4% off the 200 day ema)... So get your powder ready. On the Intel chart there is a lot of sapce under it. Right now 65-70 looks like decent support...in the -15% off the 200 day ema zone. After 65 there isn't a whole lot of straight line support 'till you get to 40. Some fibbonacci support at 60 though. Just look for a reversal to pick up some if you dare. Where's that genius Humble Carl? Why isn't he proping all this up? Is worth magazine the Sports Illustrated of fanacial magazines. <G> We are in uncharted territory...NYSE shut down for a half hour down 350. At 550 its shuts down for an hour. That would pretty much take care of the trading day. <G>

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