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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: longdong_63 who wrote (5925)9/22/2000 3:38:00 AM
From: Drbob512  Respond to of 100058
 
LD: Sorry I wrote my TA column tonight before hearing about the INTC pre-earnings warning, but I was busy with a project.

I certainly agree with you that 3700 is going to be broken near the opening, and then we shall see what the other technicals look like. The trouble is that there is no good support really, and that 3582/3521 is likely if 3700 does not hold by the close Friday.

Finally we will get some capitulation and panic selling, but it can last a few days, at least until Monday or Tuesday, so I believe 3521 is quite possible.

Next gap is 3205....