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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Tony Viola who wrote (111779)10/2/2000 7:10:58 PM
From: Yogizuna  Respond to of 186894
 
Hi Tony, Not even a "sleeping cat bounce" <g> from INTC! That definitely surprised me here..... All the Mozart music in the world can't heal the bear pain going on now, but I do like that site and checked it out late last week.
One thing I did'nt really notice before is the 5 wave up wedge pattern in INTC on the monthly chart, which of course is usually extremely bearish once the bottom trend-line is broken..... and man, was it ever bearish this time! I'm no wave expert, but I presume we will now have to wait for the "A" wave to develop on the monthly chart to give us a decent tradable rally phase. Yogi