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


To: KeepItSimple who wrote (43651)3/20/2000 2:54:00 PM
From: sandeep  Read Replies (2) | Respond to of 99985
 
KeepItSimple, how many times do you think INTC put in a top in the last few days ? Serious reversals have been only met with more serious buying. It will NOT pull back to 200 day average for a long time. Also, stop deluding yourself about "so much money been concentrated in one stock". CSCO, GE, MSFT have more money in them. Intel is a monopoly and investors can decide to pay any amount for it they want...



To: KeepItSimple who wrote (43651)3/20/2000 4:13:00 PM
From: Tunica Albuginea  Respond to of 99985
 
KeepItSimple, please be a little less graphic:

" Looks like INTC put in a top about 30 mins ago.
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 ".


after all all we may have some young children reading this thead,

:-)

TA

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Message #43651 from KeepItSimple at Mar 20 2000 2:46PM

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.