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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (11496)12/13/1997 6:52:00 PM
From: jeff wheatley  Read Replies (1) of 94695
 
Hi Bill, I'm looking at a possible H/S for INTC. The volume patterns are what one would expect except that the volume for the sell off of the left shoulder is somewhat high. Hard to believe, but confirmation could take it to 40ish, a 40% drop. Am I imagining things here?

Semis look so oversold that another sharp drop coming on the heels of last week's decline should really provide quite a decent reaction, temporary though it might be.
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