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


To: Ostap Bender who wrote (43650)3/20/2000 2:46:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 99985
 
Looks like INTC put in a top about 30 mins ago.

If it pulls back to the 200 DMA, there's going to be some serious pain. This one stock is holding up both the nasdaq and dow.

When it cracks completely, look out below.

Never before has so much money been concentrated in one stock.. A stock that has missed their numbers 3 quarters in a row, and has had their cash cow DESTROYED by amd.

IMO- INTC is the next COMS.



To: Ostap Bender who wrote (43650)3/20/2000 2:48:00 PM
From: Crimson Ghost  Respond to of 99985
 
Looks like the arrogant new era players will get another chance to buy the NDX dip today. Will they chicken out?