Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.26

-0.7%

3:59 PM EST

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To: jack c rains who wrote (6746)	12/21/1996 1:25:00 AM
From: Bill Ho	of 186894

Jack, could you explain "when the gap is closed plus 2 ticks, it's time to go". Use today as example, it opened @138. And it closed @137.5 yesterday. The gap was 137.5-138. When it closed the "gap" (from 138 down to 137.5) and down to 135.5 today, it was the time to sell? Am I right? It closed @134 5/8 today. Did you mean that INTC might be going down more next week? >>" because most of the time that's the direction that Intel is going. It's not 100 percent, but it's close enough. " >> "I would expect some downside action (or at least more of it) next week sometime early. With that out of the way - weather Monday, > Tuesday, or what - then maybe we can go on." If it goes down, how much would be (your guess)? Thanks in advance.

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