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To: kapkan4u who wrote (47889)7/16/2001 6:19:00 PM
From: niceguy767Respond to of 275872
 
kapkan4u:

"I covered to be ready for a pop tomorrow. AH action does not look promising."

Not unwise to cover off in general...I held on for 2 primary reasons: 1. INTC is too pricey at $30 relative to its primary competitor. 2. Technically, it seemed ready to break down and once below $29.50, it seems to have begun to do just that. Next test somewhere around $27.50 and if that doesn't hold, look out below!!!


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