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To: Olu Emuleomo who wrote (2983)6/4/1998 12:11:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
Olu Re:TA

For entertainment purposes you may wish to look at a 2 or three chart on the S&P500.

Nice round top for the last 60 days .. wouldn't you say?

Gersh



To: Olu Emuleomo who wrote (2983)6/4/1998 12:23:00 PM
From: Jurgen Trautmann  Read Replies (4) | Respond to of 11051
 
Olu, welcome, this is a place where every is free to post his op.

However, when I read your statement I'm on the way to buy more INTC. Nothing against modern art - and nothing against psychology and sentiment - but let it happen, that next earnings content a positive surprise, you can burn your papers increasing the temperature in Texas up to new records.

As I posted twice, I'm with you that markets will continue to slide during next weeks - but I don't agree that INTC will share that moving engaged. A range in the 60th's, why not - but $42?

How serious are you? Are you short with INTC? Did you bought puts? Let us know whether you just play with colorlines or if you are causing your (in this case negative) investment.

I'm curious to hear from you!

Jury



To: Olu Emuleomo who wrote (2983)6/4/1998 12:52:00 PM
From: Berney  Read Replies (1) | Respond to of 11051
 
Olu, Thanks for your analysis!

A technical question ... when you have a double shoulder, do measure the neckline from the first or second shoulder or just the head?

It was scary ... I'm new to TA having just finished a couple of books, but that one looked classic.

Berney