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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (46820)1/31/1998 12:41:00 PM
From: StockMan  Read Replies (1) | Respond to of 186894
 
Jim,
Re -- BTW, the other indicator on that chart suggests Intel is turning south short term...

I disagree. The other indicator indicates a strong upward bias.

Stockman



To: Jim McMannis who wrote (46820)1/31/1998 1:19:00 PM
From: Chip Anderson  Read Replies (1) | Respond to of 186894
 
Yup, I put the Chip in Chip's Charts.

INTC is rising through its 200-day MA in a normal, healthy manner. Assuming no news, it will probably consolidate at or just below the MA for the next couple of days before rising decisively above it.

The other indicator is a 3% ZigZag. The last leg of the ZigZag is not meant to be used as a short-term indicator. See my FAQ page for more info: coolhistory.com

Chip