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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Olu Emuleomo who wrote (2989)6/4/1998 12:54:00 PM
From: Gersh Avery  Respond to of 11051
 
Olu .. Re:entire market top.

Seems to me that a head and shoulders pattern within a overall market top pattern dose not bode well for Intel.

Gersh



To: Olu Emuleomo who wrote (2989)6/4/1998 1:00:00 PM
From: Berney  Respond to of 11051
 
Olu, When I was doing my own brand of TA on the DJIA stocks, I also did it on the Index. I computed the bottom of the long-term channel at 980. But, seems that the Index has a way of going sideways until the trend line catches up (with some burps along the way); see last sept to jan for example.

Berney


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