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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: d. alexander who wrote (23948)	10/12/1999 3:00:00 PM
From: shasta23	Read Replies (2) \| Respond to of 68168

Clint was always looking for the market's reaction to news: i think that NVLS was good news and the market didn't react to it. It just wanted to go down. INTC is more important. If INTC posts good earnings and the market still can't get a lift from that then the market is in trouble imho. If the earnings are bad well, that's another story. I don't like earnings plays but just looking at the chart i was thinking that INTC is a short here. But the news tomorrow can tilt the situation drastically and therefore i stay out. Next Tuesday is KEY for me:MSFT,TXN etc all posting earnings...right they are not showing any sign of strengh = confidence. Frankly i could kick myself buying RFMD. Yeah, good stock but why trade against the trend? One of my myriad mistakes... Stefan p.s.right now tick is on it's way to test again the lows of the day. If -880 breaks you might see 10400 today! p.p.s looks like the test of the tick support held. No panic, just controlled downslide...