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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%Feb 5 3:59 PM EST

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To: Barry Grossman who wrote (9554)1/30/1997 1:36:00 AM
From: Autumn Henry   of 186894
 
Hi Barry,

Enjoyed your post. The money flow indicator watchers have stated since earnings that money flow with INTC has been very very negative. Someone just recently stated that the "smart money" was leaving in droves per that indicator. I am very perplexed about that as the stock keeps going basically up....Like the statistics of trading days and advances even with the "supposid disappointing earnings report"....which I truthfully have never believed contrary to some opinions.

So I just was questioning how the money flow can be negative and the stock keeps marching up......

Today seemed like a real vote of confidence day...with the response and volume increase.....

Yes, it was beautiful to watch....I watched it on the intraday chart.....like a healthy plant popping out of the ground and growing and growing.....quite a sight. But it was not the V formation that formed the day before on the short covering....this had a substance to it and there were lots of bigger trades without the "coaching" of the mm. It had a life of it's own.

Autumn
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