Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.66

-0.1%

Jan 16 4:00 PM EST

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To: mattie who wrote (20047)	3/1/1999 1:34:00 PM
From: shasta23	Read Replies (1) of 69854

Went long INTC at 115. Stock seems to be at the bottom of a downward channel and at horizontal support additionally and i expected a bounce. So far to 117. But the main thing was that it allowed a low risk entry here with a tight stop. Went also long AMAT and KLAC this morning. And Thanks to Thomas(dppl)...i looked at the idea of 15% price increase and vicinity to upper BB. That seems to give some good picks for short. Works of course the other way round to for longs. Stefan

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