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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: James L. Fleckenstein who wrote (10177)1/7/1998 11:23:00 AM
From: Amigo Mike  Respond to of 79147
 
TRIBY FDA NEWS !!!!



To: James L. Fleckenstein who wrote (10177)1/7/1998 2:17:00 PM
From: Doug R  Read Replies (2) | Respond to of 79147
 
Jim,

INTC is a great head and shoulders. The head shows an island top and the lines on the chart are all very cool. What I tried to convey about H&S reversals requires the price to go back to the highs as a strong buy signal. The strongest comes when formation of the right shoulder is aborted on a move back to new highs. This hasn't happened on INTC so it's basically still in H&S limbo. It still looks bearish to me.

Doug R