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


To: bobby beara who wrote (43662)3/20/2000 3:47:00 PM
From: sandeep  Read Replies (1) | Respond to of 99985
 
Beara, you may be right and also maybe seriously wrong. This move in Intel could be part of the shift from speculative "broken parabolic curves" stocks to solid stocks like Intel.

Intel could be in the early stages of going vertical. Who knows ? I remember someone posted an article from Sands which said that INTC should top out at 129-130. My point is that it is fruitless to time or talk about the top. There is plenty of air in all stocks. We just need to identify the sustained downturn...



To: bobby beara who wrote (43662)3/20/2000 4:06:00 PM
From: Doo  Read Replies (2) | Respond to of 99985
 
bobby: Your quick note the other day about RMBS prompted me to go buy a front row ticket with a few deep, deep OTM pooots.

If it continues to tank, I am pleased to announce that I intend to invest the proceeds in this little number, or it's more able cousin:

millcreekmfg.com

I shit you not.

Thanks for pointing out the RMBS fiasco. Sure will make spreading a pleasant experience. Folks around here will wonder why I'm grinning. ;p

Jeff