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To: Pullin-GS who wrote (52789)	4/12/1998 8:35:00 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 186894

Pullin-GS: re: This content IMO is the usual FUD. I'm still learning TA, and I'm not familiar with the term, "FUD". Does it mean a Fundamentally Unsound Distraction, or is it a Foolishly Untenable Declaration? FTR, I'm not buying till after the conference call. If the news is bad, and if INTC holds in the 69-71 range, then I'll buy in a big way. If we break below 69, then I'm not sure where the bottom is, and I'll start buying in increments. If the news is good (can't imagine what that could be, short-term), then I keep watching from the sidelines. How can you use TA to guide your decisions right before earnings come out? Isn't this the time to expect an abrupt discontinuity in the pattern?

To: Pullin-GS who wrote (52789)	4/13/1998 4:03:00 PM
From: Pullin-GS	Read Replies (2) \| Respond to of 186894

Added today at 76 1/4. Will post TA later today...I have a feeling todays action woke the charts up. <G>

To: Pullin-GS who wrote (52789)	4/15/1998 8:32:00 AM
From: Pullin-GS	Read Replies (2) \| Respond to of 186894

#INCA bidding over 80 pre-open (8:25AM)

To: Pullin-GS who wrote (52789)	5/10/1998 11:56:00 PM
From: Pullin-GS	Respond to of 186894

A brief TA read going into week of 5/10/98: Durring the last TA posting INTC was hovering around 73 and the INTC sentiment was bearish to say the least....the chart was reading a bullish reversal and all the analysts were saying sell. A prime time to open a new position IMO (in at 73ish, 76ish). Currently holding for the long-term...and after today's read I feel that the bullish trend will continue. As of Friday INTC closed at the week's high (in price AND volume). Price for all of last week was above 21 and 50 EMA. The volume has been inching up and is currently above the 21day-Volume-EMA. Bullish. The Bollinger Bands have been stabalized somewhat over the last 30 days in comparison to the previous 6 months, and we have established an uptrend. INTC closed Friday mid-way in the upper envelope. BB has resistance marked at 87 1/16. Support is at 79 3/4. Next week could bring to closure the 3/5/98 gap....yes, INTC has traded intraday to the gap...but INTC has of yet to close across it. Friday's strong finish could be the founding-momentum that will allow this to happen. Bullish. Wilder's Directional System (ADX/+DA/-DI) is currently charting out with -DI above ADX and +DI. This suggests holding off entering into a new long position with INTC. Some would read this as a bearish indicator suggesting to sell or short. Bearish. MACD Histogram is trending down above zero. Friday did signify an uptick on the MACD chart. To much noise to read as bearish or bullish. Neutral. RSI is at 63 and moving up. Currently at it's highest level since mid-Feb. Bullish. The eastern-chartists will be seeing a very bullish read on Friday's close. The Candlesticks gave us a bullish engulfing pattern. This one pattern alone is reason enough for many Eastern TA traders to jump on this one. Very bullish. On Weds INTC had an Ultimate Oscillator divergence with price. INTC had had a lateral trend up until that point in time. A bullish trend reversal was verified by the remaining trading action for the week. I initially bought into INTC based on an UO divergence. I did not regret it. Very bullish. At present I show quite a few bullish signals to signify a reason to buy into INTC long at this point. However I personally am reluctant at this point to add to my position given that INTC has had a healthy run recently. The weak ADX read is also a thorn in the bulls side. Several more weeks of strong trading will be required to repair the technical damage done over the past several months to the ADX/-DI/+DI chart. Regards....