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To: Elwood P. Dowd who wrote (168749)7/25/2002 10:52:39 PM
From: tcmay  Read Replies (3) | Respond to of 186894
 
Elwood asks me:

"What's the next level of support for INTC below the 17-18 range?
I can see it on the longterm chart but can't tell if it's 12,13,14,15 or what.
finance.yahoo.com;

Looking at the chart, I see a candlestick formation forming at $16, with a fifth Fibonacci term possibly appearing at $14.87, plus or minus $.03. If the Moon is in Aquarius and the stars begin to shine, chartists may rejoice.

Of course, I invest based on fundamentals, not on chartist crap, so take what I say with a Fourier series of a grain of salt.

--Tim May



To: Elwood P. Dowd who wrote (168749)7/26/2002 5:27:39 AM
From: Amy J  Respond to of 186894
 
Hi Elwood, RE: "What's the next level of support for INTC below the 17-18 range?"

(humor) Last year, an Intel intern asked, what happens if the stock goes to zero. Geez.

I predict with absolute confidence, it won't go below zero.

Regards,
Amy J


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