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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (6875)	9/25/1999 8:43:00 PM
From: AurumRabosa	Read Replies (1) \| Respond to of 11051

Berney, I like the "View from the Swamp!" FWIW, I believe that the monthly chart is best used to determine the LTL (lower trend line) and the weekly chart is best used to determine the UTL (upper trend line). So, I show the LTL to be at $56 and the UTL to be at $85. There is decent HS (horizontal support) at $71, with a 50% Fib retracement at $70. If this breaks the 62% Fib retracement would be about $65 with the weekly EMA (exponential moving average) at $62 and rising. So, I have the pivot points at $56, $65, $70, $85, and $89.50. I was planning to buy LEAP calls when I thought INTC was bottoming and I appreciate your clarifying reasonable levels to start entering. If I understand correctly I would buy the 1st tranche at $70, 2nd tranche at $65 and back up the truck at $56. Sounds good to me. What charting software do you use? On the EMA what exponent do you use? I see net charting sites all over offering EMA graphs and letting one choose the time period but not a word about the exponent.