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

To: maui_dude who wrote (126346)	1/31/2001 2:13:21 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 186894

thanks for the response and analysis. But it sounds a little too general and vague! What details would you like? Here's a simple one..."don't fight the FED"... FEDs in ease mode... I also use 13 other indicators. Technically, Intel looks like an easy move to 50 which would be between a 38% and 50% fibbonacci retracement of the drop from 76 to 30. This based on just a typical rebound... Contrary to popular Wall Street paranoia, the US economy is not yet in recession. GDP growth was 1.4% in Q4. Down yes but not negative. Maybe it does go negative but the markets will anticipate a recovery now that the FED is easing... Jim