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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (11496)12/13/1997 4:53:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 94695
 
Bill Bill, >>at least ANOTHER 33% selloff FROM HERE!

You are old enough to have experience observing companies value when they are loosing money and no end in site. I am thinking of those semi's competing with asia. It is going to be "h**l. This group could go by way of our steel industry. Remember the old rust belt in Pitt.

Joan



To: William H Huebl who wrote (11496)12/13/1997 6:52:00 PM
From: jeff wheatley  Read Replies (1) | Respond to of 94695
 
Hi Bill, I'm looking at a possible H/S for INTC. The volume patterns are what one would expect except that the volume for the sell off of the left shoulder is somewhat high. Hard to believe, but confirmation could take it to 40ish, a 40% drop. Am I imagining things here?

Semis look so oversold that another sharp drop coming on the heels of last week's decline should really provide quite a decent reaction, temporary though it might be.


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