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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (5797)2/5/1998 6:18:00 PM
From: jmac  Read Replies (3) of 42787
 
YOu got a pullback from an overbought condition. I still believe we
are going higher but I am very concerned that INTC had a reversal
day today. More than 1/2 of the volume on INTC was between 88 1/2 and 90
so volume lightened up on the downside but we did fill the gap so
was it a reversal or profit taking. YOu know what I am hoping for
but I now think INTC may start to trade in a range of 83-88 for the
next few weeks.

Your thoughts on CPQ and INTC?
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