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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (68775)	8/13/1999 10:18:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 1573267

Tejerk - Re: "I never said intc is never going to break through to its old high...." Oh...you didn't ? Here's what you said : Message 10647247 " You might want to reconsider after looking at the one year chart for intc. INTC hit a high of 68 earlier this month but then closed on Friday at 64 3/16. Not only did it not, in early July, take out its old high of 71 which is considered bearish but it has now broken through its 13 day MA and it looks like it may break its 50 day MA and trend line fairly soon, more bearish signs. INTC could be setting up for a repeat of its Jan to June trading pattern, a drop from 71 to the lower 50's. " Real prescient ! Paul