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

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To: jmac who wrote (6247)	2/19/1998 12:16:00 PM
From: Chris	Read Replies (3) of 42787

greatest day jmac.. Subject: "IDEA OF THE DAY"-Trading in&out for profits. \| Previous \| ------ \| Respond \| You have 1 unread message To: IQBAL LATIF (17050 ) From: IQBAL LATIF Thursday, Feb 19 1998 12:04PM EST Reply # of 17056 My read on INTC turning very bullish- I am raising target to 110 -115 if 90 is taken out on two consecutive close- we have this lagging SOX and my target 1748 level on Naz a very important feature- right now I will very cautiously wait for 320 to be taken out and an attempt to 1748 made on NAZ in two weeks- if this does not happen and 320 remains unconquered we have 1700 target on NAZ the first one and 1640 the second if 1700 has two closes below that- same for SOX if we fail at 320 we go back to 302 and 280--INTC should take out 90 and TXN 571/2 58 resistance should give away to lead TXN to 65-- IBM has now two closes above 102 my level at 96- I have intermediate target at 108---On SPA divergence play short below 1022 on SPA keep a long SOX until a close below 308- TXN below 531/2 looks bad and I will recommend selling TXN if it breaks below 531/2 on closing basis. Dell earnings will put a lot of peripheral stock in a move and mind you we are sitting at critical resistances on tech sector a breakout from here will set a stage for 1130 assault- this lag cannot stay either SPA breaks 1022 1008 and 992 is tested or 320 is taken out with Naz 1748 to set SOX 355 first stage and on ward march to 1130- this is my summer rally setting, the real gains as I have been pointing out will now in depresssed sectors. But marking levels --enjoy the walk up but keep a hawk like eye on critical supports of individual stocks and indexes-- I am reiterating request to watch ADBE-- \| Previous \| ------ \| Respond \| View SubjectMarksBookmark this Subject Return to Market Trends and Strategies One or more words separated by spaces: Subject Titles Only Full-Text Messages with Links <Picture> Send questions and feedback to webmistress@techstocks.com Terms of Use

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