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To: E. Graphs who wrote (11475)4/6/1998 5:10:00 PM
From: getgo234  Respond to of 25814
 
E and others:
Will MOT's results this evening set the tone for the SOX index for the rest of this week ? thanks



To: E. Graphs who wrote (11475)4/6/1998 6:01:00 PM
From: Moonray  Read Replies (1) | Respond to of 25814
 
Dear E. (or should I say Deer E., since you are in the headlights
of the NAZ), afraid it's down NAZ for now. We are tied to INTC.:

quicken.excite.com

Looking on the bright side, INTC has a little support right
here around 74. I would think today's INTC weakness was caused by
the NSM chip and the stock may rally tomorrow. If INTC can find
some support here then NAZ looks to hold at 1775-1800.

More likely, however, INTC dips to the major support mentioned here:

Message 3642886

in the 68-70 window. Should this happen, I would not look for an end
to the NAZ's decline until we get down towards the 1650 support. This
would only be a pull-back of half of this year's advance.

OK, on the Naz, do we continue down from here, or do we rally
to 1900 instead?


What say you now?

o~~~ O