Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: Lane who wrote (13818)	12/2/1997 12:23:00 AM
From: TechnoWiz	Read Replies (1) of 27012

Hello Lane: After a strong day like today with Intel expanding its range on increasing volume, I would expect followthrough action tomorrow. We may pause a bit or even put in a small reversal, it's hard to tell but a higher close again would be very positive. There is a little resistance around 82 and then next around 87, but I have a hunch that INTC has some catching up to do and so it could be independently strong for a while even if broader mkt pauses. Could conceivably dip back below 80 for a brief retest and as long as there are no major unseen or developing negatives, (such as Iraq), that would offer a good entry point. rgds Wiz

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