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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Nemer who wrote (17186)	11/10/1998 11:05:00 PM
From: DanZ	Read Replies (1) of 53068

INTC, SOX, VLSI Intel released some very bullish comments after the close today and the stock was trading near 100 on instinet. A move in the SOX through 278 would represent a very big break out to the upside for the SOX. This level has contained the index several times over the past few months and a push through that area would validate a bottom for the sector. My next target for the SOX is 325 to 330 and ADI, LSI, and VLSI look particularly good to me. The semiconductor stocks are very volatile and can move fast, especially when they break support or resistance. There could be some big plays in the SOX stocks this week if it breaks 278, and it's almost assured to do that on Intel's bullish comments. cbs.marketwatch.com PS to Nemer: Ditto your comments on the fine folks who frequent this thread. Thanks for making note of it.

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