Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bobby beara who wrote (55676)	6/28/2000 11:12:00 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 99985

BB. GE was a leader, it is forming a big triangle. Today it closed close to the descending line from April 25. Close above $51.5 to $52 in the next few days we may rally, but watch out for GE at $48. INTC has also a "funny" formation $126 seems support for this one.(depending how you count the advance since May 10) The other factor to watch is the dollar we retraced 38% slightly above 108, but close below 105 we falter. As a general remark I do not see much of action until July 4th and tomorrow we may have more upside efforts. From a FA point of view sales and profits are slowing quite fast as a result of running out of tricks and strong oil and dollar hurting any upside potential. BWDIK Haim