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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%3:59 PM EST

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To: damniseedemons who wrote (6522)12/16/1996 9:01:00 PM
From: Gary105   of 186894
 
Sal, your post is very insightful and you obviously have TA knowledge.
My dilemma is the following: in following stocks and the market, I observed that much more often than not, price gaps are filled.
Well the dow has a gap in the 5770 - 5780 range and intc has a gap in the 88 - 92 range. I can envision the former being filled very easily given current valuations; it is difficult for me to envision the latter being filled - yet past experience tells me it most likely will be filled. Who knows the reason? a recession?? or inflation??. I think intc is one of the best companies around, yet my gut tells me the gap will be filled.

Gary
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