Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (2774)	6/14/1998 7:00:00 PM
From: Thomas C (Hijacked)	Read Replies (2) \| Respond to of 5676

Re: Intel H&S I noticed the same thing BB. The technical analysis thread discussed that on SI. Looks like a classic H&S. In fact there are H&S all over the place including the indices, particularly Nasdaq and Russell which makes sense as INtel is a big part of the Nasdaq. One thing I don't understand about H&S is after the H&S completes itself, how severe are the declines supposed to be and how fast? Tom

To: bobby beara who wrote (2774)	6/14/1998 9:00:00 PM
From: set	Read Replies (1) \| Respond to of 5676

> Comments? try this. draw a channel with the upper line going from 8/8/97 through 2/27/98, and the lower line starting 2/7/97 through the top on 7/11/97. H&S I'm not so sure of, as I don't really understand the left shoulder. nevertheless there are a lot of lines that make sense on INTC. one is a trend line from 7/19/96 through 7/4/97. I think the results, as seen on 7/27/98, are clear. I'm sure you've already seen the triangle, with bottom line of which goes from 12/19/97 through 4/10/98. there's your right shoulder, arguing for a rise to 75 and then kaboom. but remember, my attempt to chart AXP was spectacularly wrong. thus wthdik.