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


To: MonsieurGonzo who wrote (3793)9/4/1998 11:07:00 AM
From: Jurgen Trautmann  Read Replies (1) | Respond to of 11051
 
Steve, I'm checking things all day long since yesterday.

GE has some support around 75~76 area, but it looks like it wants to go all the way down to ~70, where there is a long-term UpTrend.

Like every of us, I'm searching for the right point to jump on the train - if a train should come over here.

I'm looking for GE too - but I cannot imagine that single stocks can stay strong amid a selling-chaos; and we will get strong selling:

If the first bounce "doesn't work", markets "must" have a huge p„ng before "every knows" that it's time "now" to come back.

When I look at a 30-minute-NAZ (Quote.com), we need tons of pain as IT would say. OK, maybe I'm wrong, it wouldn't be the first time...

My best fear is to miss a re-entry in Dell. Probably I will buy a small position yet today.

Good luck to all and happy trading! And, Berney, you have no hand left for taking a shield!

Jury