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Technology Stocks : Intel Corporation (INTC)
INTC 37.83-4.3%Dec 12 3:59 PM EST

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To: LJM who wrote (49754)3/5/1998 2:17:00 PM
From: Jim McMannis  Read Replies (1) of 186894
 
LJM
RE:"

For those of you technical analysts out there....what do you think of the
current chart pattern. Bill Griffith thought it looked like a head and
shoulders pattern forming? I'm not savvy enough technically to say, but
curious what the pattern does indicate. I've been long since July 73 and
will remain long, regardless."

That comment will fall on deaf ears here...or the typical Intel investors reply will be "TA has no predictive value"...or "what does head and shoulders have to do with the stock market"...

To answer your query, yes that possible H&S formation is a site to see!

Jim
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