Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: current trend who wrote (4781)	1/13/1998 8:21:00 PM
From: Chris	Respond to of 42787

with the recent good bounces from lows and ABOVE crucial 200 ma's.. im less bearish than couple days ago... as you can see, it does little to label me bear or bull.. bear doesn't mean "crash or blood".. just means sell signal or caution.. i just use trigger levels.. recently, the mkt has been acting very fast.. crossing and recrossing levels.. things can change that quickly if need be.. i would breathe easier once the barriers.. (particualry 50 ma) as broken. see charts on previous post.. so just take my words of "bear and bull" very lightly.. <g>

To: current trend who wrote (4781)	1/13/1998 8:28:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

my weekly charts are still bearish.. what does that mean? well, it means we wont rally for long.. (big view).. we might test old highs... i doubt we have enough strength for new highs in the mkt.. my dailies are still not botommed yet.. again, i dont bottom fish.. my indicators dont work that way.. right now, we are 2 days from the lows.. still consider this time as bottom fish period... (when my indicators still not giving buys yet)

To: current trend who wrote (4781)	1/13/1998 8:30:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

money daily email commnets on intc: Intel Earnings Soothe Market Very nice rally today. Quite nice. The Dow climbed 85 points to 7732. NASDAQ closed at 1539, up 32. Rally got better and broader as the day progressed. But the real action took place AFTER the bell (or gavel). Today was Intel day!! The bellwether stock reported numbers after the close. And all day the game was on. How would it do? Would Andy G. make the numbers? INTEL.... And the envelope please!!!!!! At 4:22 p.m. INTC reported 98 cents per share. That's 9% above the official Wall Street analysts' estimate of 90 cents. Whisper numbers were anywhere from 95 cents to $1.05 (that top number is about what they earned for last year's quarter!!!). But I think 98 cents will satisfy the Wall Street dogs. The Street was definitely anticipating a good number -- and I think they got it, or close enough. Not wildly optimistic, but good. Stock was up strongly Monday and climbed over $1 today. INTC now trades just below $77 (52-week high is $102). In after-hours trading, stock was UP 50 cents. Revenues were flattish, gross margins were flat to down, but I heard Intel was pretty optimistic! Everyone is breathing a sigh of relief on this one. Could set the tone for the whole MARKET for months!!!!!!! Interesting to hear what kind of "guidance" Intel gives. Bet Andy Grove will be listening to Rock 'n' Roll Hootchy-Koo tonight!! Pumped!!!