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To: pater tenebrarum who wrote (44395)12/6/2000 10:57:53 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Yes, we are turning on a sharp stick. INTC itself is already highly discounted. If they ignore the implications, the bad news, then shorters beware. (It's the difference between being in a 4 of recent slide, or the 4 of the big picture.)

edit: Getting a breakout here. I will fade the double-top, when/if it gets that high, with a tight stop. Getting over the high of the day will tell me not to play the short side.



To: pater tenebrarum who wrote (44395)12/6/2000 11:01:03 AM
From: Lucretius  Read Replies (3) | Respond to of 436258
 
XMI and dow have topping patterns remarkably similar to LU just before its collapsed in late July... they looked a lot alike before but were missing LU's vertical upmove in late july that broke the downtrend.. now we have that in the XMI and dow.... we shall see what comes next...


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