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

To: Doug R who wrote (10192)	1/7/1998 4:54:00 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79479

Doug, I bought INTC for my IRA at 77 11/16, figuring I'd just hold it forever. I saw the H&S forming a few days ago, and thought, Why bother? Don't know the pattern, and am lost in the limbo you describe. Where's the line to look at? Ivan

To: Doug R who wrote (10192)	1/8/1998 12:25:00 AM
From: freelyhovering	Respond to of 79479

Doug--INTC is showing some strength on the indicators I looked at tonight. For example, it gave a buy on the 18 and 5 day TSV. BOP and MoneyStream are neutral but showing a tiny bit of improvement. The 5 day ema crossed the 13 day but both are below the 40 day ema. The 8/17/9 MACD gave a buy on 12/26 at 70.88. OBV vs. its 40 day MA gave a buy(though a weak one) and one up day would seem to propel the 13/34/89 MACD into buy territory. As you have always said, it is dangerous to short Intel. What say you about these contradictions? Myron