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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: John Harton who wrote (9949)7/10/2001 11:19:24 AM
From: Berney  Respond to of 11051
 
Dear Non-Believer,

It is good to question the moves in this Market. They tried to gap NDX over the 60-min downtrend line, which, of course, failed. GE came right up to the 60-min line and failed. All is not well in the land of OZ.

Seems like the whole TA world is waiting for IBM to go to $100. Why? Well, there's that big gap there. Oh, and that is the 62% retracement. Still about a week before their earnings come out, and they love to play with this one in front of earnings. This general needs to test and hold $100.

Just a View from the Swamp

TB



To: John Harton who wrote (9949)7/10/2001 2:39:12 PM
From: Trading Machine  Read Replies (1) | Respond to of 11051
 
DDDDear DDDDudes, I posted this over on the SA II thread and will restate it here in case anyone gets too frisky.

Berney and I were just talking and IF OEX is forming a wedge with the bottom at 624, and IF it broke it to the down side, that translates to the OEX 560 area eventually.

Just a thought in case someone gets REAL Bullish. gggggggg

Good luck and be wary!

Paul K. p.s. my entry point will probably at the close today. (maybe) gg