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 34.32

-1.2%

3:59 PM EST

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To: Brian Malloy who wrote (14522)	12/13/1997 10:49:00 PM
From: JPR	Read Replies (3) of 27012

Brian: <<I like CPQ but like DELL a lot more.>> I recently bought DELL at 94.125 and 89.125. Your prognosis please. Could you please address the question with regards to holding it for the short, intermediate and long term. What could be the worst case scenario? I looked at the technicals, if you think it is of any use under the present insane market conditions. Stochastics and RSI on a downtrend. RSI is just about 50. Any further downward descent will pull the prices down. MACD looks OK. Money flow looks good. Candles show a bearish engulfing pattern at the price 88.25. The price is just touching the Wilders smoothing from above . Further decline is possible. The inverse Head and Shoulder pattern was completed by late November. Directional movement shows minor negative course. As you see, I looking for a ray of hope. Have a nice weekend and Happy Hoildays. Paul

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