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


To: Chris who wrote (6445)2/28/1998 3:41:00 PM
From: Robert Graham  Read Replies (4) | Respond to of 42787
 
How has that technical newsletter been working out for you?

Bob Graham



To: Chris who wrote (6445)2/28/1998 4:15:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 42787
 
chris..is this factor the one that tells you of the SUPER buy or SUPER sell......
I would think that fridays action was not good for INTC...

btw did you see the drop on CSCO....in the final few...



To: Chris who wrote (6445)2/28/1998 8:36:00 PM
From: jmac  Read Replies (6) | Respond to of 42787
 
As for the prediction of an analyst that we are in for some
consolidatoin into late March, I don't believe we will have a
consolidation that lasts that long. These consolidations have been
shallow and short. Beofre you know it, the market is up 150 points and
it's too late to get in.

As for INTC, I believe Fri's action bodes poorly for INTC. It feel below the
previous gap which acted as resistance
on the way up and should have acted as some sore of support on the way down.
INTC was bid very poorly all Friday afternoon. There was no support between
90-91 at all. Further, the volume on Friday was at least 20-30% greater
than on some of the days that INTC was going up to 95. This doesn't feel right
at all.

One of the other persons repsonding to you dealt with the CSCO drop.
I watched that because I have 500 shares of CSCO. It's not a big position but
what I sight to see. That thing fell 1 1/2 points in maybe--7 minutes.

Does you TA tell you where INTC should see some support. I make it between 87-88.
After that, it's the lower 80s (which is not good). There is more going on here
than the AMD news.