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Technology Stocks : INTEL TRADER
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To: smolejv@gmx.net who wrote (3546)8/21/1998 5:30:00 PM
From: MonsieurGonzo  Read Replies (1) of 11051
 
RE:" Swing Time "

Lovely, DJ - absolutely lovely swing (^_^)

BlueChips now in stronger hands... What I see is two DownTrends on the OEX-100 index. The first is mildly sloping down from April. The second is acutely down from July. The important thing was to stop that July DownTrend, and I hope that is what we have done this week. My weekly charts are saying that this is a long-term investment buying op. However, the April DownTrend is still intact; so growth would still be negatively biased, IMHO.

Message 5551328

OTOH TechStox may have been the best buy today. The NDX-100 & MSH.X - HighTech Index UpTrend from the beginning of August is still intact. LU may be at an entry point - what do you guys think ?

DAX ~5000, Load The Boat next week ?

-Steve
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