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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (38952)7/13/2001 12:44:36 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
12:31 ET Potential Setups : -- Technical -- Recent rally has positioned a number of tech stocks (see 11:57 comment/QCOM yesterday) for a test of bearish trendlines. Currently bumping up against such resistances are INTC (near 30.2) and BRCM (near 43.8). Short term indicators are a concern given the overbought posture but sustained breaks increase the probability of a run at their respective trading range tops over the medium term.
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