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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (10966)	6/30/1998 10:21:00 AM
From: Les H	Respond to of 42787

I have the 50-day moving average at 8987. Simple moving average as opposed to exponential moving average. Kurlack didn't say to buy the semis when he spoke about capacity cutbacks several weeks ago. He said these are starting to appear and will occur over the next 6 months, and that would affect pricing power next year. People jumped the gun plus Intel/TXN both had technical buys on the RSI/Stochastics. Intel is still in a downtrending price channel, where it's now just below the top trend line.