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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: Diamond Jim who wrote (45547)1/14/1998 1:53:00 PM
From: Howard Bennett  Read Replies (3) of 186894
 
Dateline Santa Clara California. Intel Corp Chart Reads Head and Shoulders Top?

Today on CNBC's morning show, Stocks Analyst Joe Kernan (and part-time wanna be John Murphy Technical Analyst) suggested that some would say the daily price chart for INTC is forming a nice by-the-book head and shoulders top.

Does a head-and-shoulders top for INTC mean tough times ahead -- that is...prices trending downward?

Or does this mean INTC will be in a "consolidation" (and the price range bound) for a few quarters?

Your input requested.
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