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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (27262)	9/25/1999 10:18:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 99985

Terry, you call that chart of Intel in "crash mode"? The way I see it, it was $51 a few months ago and is now $74ish. That's not too bad no matter which way you look at it. Plus, the stocs are just above 20 signalling it could bounce very soon. There's a lot worse charts out there than Intel. (I have no position in the stock). Just calling them like I see 'em. Plus, it was down less than $2 on Friday with over 60MM shares traded. Jeez, if the stocks I owned traded 60MM shares in a day, they'd be cut in half, at least.

To: Terry Whitman who wrote (27262)	9/25/1999 11:52:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

I know we usually don't talk about stocks but... I actually read that one (INTC) as a likely target for a bounce due to the alignment on the fork, the heavy volume while forming a hammer formation and the low stochastic etc. I doubt the bounce will last long but it has a gap to fill near 80. Your post caught my attention since it was one of my possible bounce plays. Guess we'll find out next week. EDIT saw your list of books and I was in Barnes and Noble this week and saw a new title DOW 40,000. Guess they didn't want to be out bid <ggg> Good Luck, Lee