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Technology Stocks : Intel Corporation (INTC)
INTC 35.94-5.1%Nov 13 3:59 PM EST

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To: carl a. mehr who wrote (61800)8/4/1998 8:49:00 PM
From: Jim McMannis  Read Replies (3) of 186894
 
Humble Carl,
I've been really hard studying T&A. Particularly the frontside bus vs the backside bus.
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No predictions here buy over the last 10 years, when the DOW dips near the -4% of it's 200 Day exponential moving average it has marked a significant low. Today that's about 8227. There is also straight line support at 8274. 200 Day simple MA is 8467. I'm hoping for a sharp down in the morning in order to buy with both hands. May or may not happen...as the 200 day simple at 8467 is sometimes enough support....
Take your best shot.
Jim
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