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

To: vinod Khurana who wrote (37535)10/24/1997 5:16:00 PM
From: Road Walker  Respond to of 186894
 
vK,

Read my later post, what Intel trades at today has nothing to do with what it will trade at one or two years from now. If I followed your advice AND you were right, my average cost on this trade would be $70., but if it doesn't get to that level I wouldn't be able to participate in the recovery. If it does get to $70., my average cost will be about $75., and I will enjoy the appreciation.

So my choice is to listen to your advice and risk missing substantial profits, or to ignore your advice and be assured that if Intel goes up in the next 2 years I will make some nice profits.

What would you do?

John



To: vinod Khurana who wrote (37535)10/24/1997 5:22:00 PM
From: JPR  Respond to of 186894
 
Vinod,
Have you heard about Trend Lines and Resistance with Three-Line Break Charts. According to that, the support is at 80, unless there is another round of bad news. For a change, will you please refer us to known quantifying tools before you pronounce and project your unsubstantiated support levels?. Also it is not enough to be right, but I want to know as to how your reached that conclusion.

Paul


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