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

To: Alan Smithee who wrote (166719)	6/20/2002 4:11:49 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

Alan, Don't be repelled by the 'ole "TA is hindsight" argument. Stick around. Jim

To: Alan Smithee who wrote (166719)	6/20/2002 4:28:27 PM
From: dumbmoney	Respond to of 186894

Here's some forward looking advice: 1) INTC is in a downtrend, has been since January of this year. Take a new position or add at your risk. 2) INTC is on a sell. There might tradeable bounces, but I wouldn't be inclined to initiate any long-term positions until the trend has turned. 3) I sure wouldn't be inclined to go long until I've seen a print of 21. I'll make a reminder to myself to revisit this thread in a month and we'll see how things have turned out. K? How will we know whether your "predictions" are correct? They seem vague enough to fit anything that might happen. The only way to prove you are a good trader is to post your trades in real time, which some people do.

To: Alan Smithee who wrote (166719)	6/20/2002 4:28:54 PM
From: Tenchusatsu	Read Replies (3) \| Respond to of 186894

Alan, I have no way of knowing whether the methods you use are legit or not. For my TA needs, I occasionally visit the Turnips thread: ( Subject 37484 ) They seem to be in agreement with you, but the difference is that those guys have a track record. You don't, at least not in my book. So when you pop in here and say that INTC is on a downtrend, you are not presenting news to anyone here. Nor are you startling us with predictions that INTC will head to the low teens. I've heard them before, I hear them now, and I'll continue to hear it even after the recovery begins. Tenchusatsu