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


To: el paradisio who wrote (63919)12/7/2000 8:58:40 PM
From: LTK007  Read Replies (5) | Respond to of 99985
 
INTC holding tonight isn't meaningful to me as this earning warnings was out since last week,it had already been selling off for days before "the news".If the news had been a surprise it would have tanked the amount it did tank over the last week,so,for me,this does not qualify has a "holding on bad news" bottom signal. We had 2 tech stocks tank tonight on AH warnings,CAMP and TFS.
if a company like SUNW were to warn,and nothing happened,i would be convinced. i still feel a trading range.max