Intel Corporation (INTC) Message Board

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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 2:34:00 PM
From: Olu Emuleomo	Read Replies (1) of 186894

LJM, >>>> 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. LJM <<< Intel's chart sucks compared to say MSFT's chart. I really ought to have my head examined that I did not sell at $90 (Pigs get slaughtered!!!). INTC is now essentially flat since May '97. However, I will hang around to see if we violate $67 (the previous selloff low!). If we do, then its watch out below. If we dont and trade in the low 70s, say $71 etc.. then I may try again.... --Olu E.

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