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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (16615)1/27/1998 9:05:00 AM
From: J.T.  Read Replies (1) | Respond to of 50167
 
A little premature on Nikkei last night as late trades pushed close below 17,000 to 16,981. So no two days in a row close above 17' level. INTC to open slightly higher around 78 level and MSFT to open lower to 141 3/8 area. Very important for MSFT to follow thru from yesterday's positive action and I think this is quite doable after early opening pullback. In light of IKe's new index HFX and components in SOX I believe it is time for individual TA on these "5" and "16" stocks repectively... later tonight.. We are at critical crossroads here going into last four trading days of January and sitting just above several baseline support levels... over and out. JT

EDIT: Late early trades on INTC suggest it may not open "up" afterall.