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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (5173)	11/4/1998 10:53:00 PM
From: Cyrus	Read Replies (1) of 7247

Intc Had a strong day today. One thing I have noticed regarding INTC on the long term chart is the potential for an excellent long term hold. Over time it follows flat periods by equal time increases. I am not sure why it went up so much today, but if it breaks $99 I would consider holding it for the next period which should be a steady increase. It is also a market leader when it is in this mode, getting in on the bottom of one of these moves would be healthy. I think the Nasdaq was so strong today because of its performance. Hope this makes sense!! tscn.com

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