Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

+0.2%

3:59 PM EST

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To: craig crawford who wrote (60919)	7/23/1998 6:33:00 PM
From: george saintonge	Read Replies (1) of 186894

CC...INTC was acting pretty damn good with the overall market taking a dive today...makes me think of all my Merrill Lynch buddies who will be howling when INTC PENETRATES OVERHEAD RESISTANCE AT 85-85.5 and then takes out the GAP at 86 15/16 to 87 1/2...when KURLAK raises INTC BACK TO A BUY YOU'LL WANT TO BE LONG THOSE CALLS. I just looked at the intra-day chart...they failed at 85 again today in the last 45 minutes, yesterday failed at 84 3/4 at lunchtime...if someone can get it through there it may well EXPLODE to the upside...I've seen INTEL up $9 in a day a few times in the 90's...if this market can hold its act together then I believe orders will be given to attack and take out the sellers at 85.

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