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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (18105)	9/13/2000 7:44:57 PM
From: AllansAlias	Read Replies (3) \| Respond to of 436258

When MCD gave up $30 you had to know something was up. Smart money is long out of Ronald's ball room. I was actually thinking about McCalls. It's already given up lots off the top and if they are giving them away it might not be a bad play. Range of 1996/97 was ~ $22->$27. $27 is threatened now and it would be classified as strong support. Oh, oh. Mind you, lots of cheeseburgers will be sold when things get rough. Also, the crappy service that many complain about will be fixed because people will be wanting those McJobs. Old-econ is certainly due for some giving. Interesting that Hays thinks funds are rolling out of tech into utilities and other "safe" homes. Wait a sec... That McWeekly has a pretty nice H&S on it that goes back a long way, like to early 1998. Let's see what it measures... Holy hot apple pie -- it measures to $13 or so -- the bottom of the 1994 range. -ng & LOL. INTC might be due for a little bounce. (It will eventually hit $45, but in the s-t an INTC bounce will be a big help to the indices. CSCO is worth watching closely. If it were to crawl back into that wedge it would signal a real shift in its fortunes. Rising line of said wedge is at $64 and rising from there.