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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST
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To: EepOpp who wrote (63550)8/28/1998 11:26:00 PM
From: Dale J.  Read Replies (1) of 186894
 
Will,

I think you are right it was the 200 day moving average. The TA's have so many moving averages who can keep track. But to a TA it is very serious if you cross the 200dma on the way down. It's like a felony. TA's insisted we retest some lows. Now that we retested the lows they say we went too low and that could be trouble.

Forget TA, I hope we start moving up next week.

Dale

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