INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (5333)	1/31/1999 11:19:00 PM
From: Gersh Avery	Read Replies (1) of 11051

Steve .. OK I'll bite <G> Looks a lot like the MDY chart. Shows how much of the gains in the last couple of weeks have been concentrated within just a few issues. Looks like it's set to bounce off support from the July peak .. but .. it sure has been just setting on that line for a while ... Tom Dorsey & co have issued some sort of bear confirmed notice based on lack of breath of the market. This one could drop through. If it does then next support ~355 then 335 then 280-285 area. 50 and 200 ema will also provide good supports. Bear flag? Gersh

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