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


To: smolejv@gmx.net who wrote (5283)1/28/1999 8:06:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
DJ

Intel announces 2 for 1 split.

Gersh



To: smolejv@gmx.net who wrote (5283)1/28/1999 12:32:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
DJ; RE:" CSCO "

>...is there a triangular formation on CSCO forming since say two three weeks ?

...yes; the apparent resistance area is centered on ~106-3/4, very close support is at ~98-1/2. Momentum has been essentially flat since the beginning of the year. Near Support is ~93.5 and Far Support is ~85 on my chart. Near Target area is 110.75~115 and Far Target area is 124~128.

>are there ascend artifacts etc disfiguring the message ?

...yes; it looks like earnings churnings to me - but you are a better judge of the fog than I.

Let's look up Ascending Triangles in the T/A bible, "Technical Analysis of Stock Trends", Edwards & Magee, 7th ed., page 125-

---

The Ascending... are Bullish manifestations... give advance notice of their intentions. The supposition always is that prices will ascend out of the Ascending form... If the top line is horizontal and the bottom line slopes up to meet it somewhere out to the right of the chart (at the apex) the Triangle is of the Ascending persuasion.

These formations are perfectly logical and easy to explain. The Ascending Triangle... pictures in the simplest and most normal form, "what happens" when a growing demand for a certain stock meets a large block of shares at a fixed price. If the demand continues, the supply being distributed at that price will eventually be entirely absorbed by the new owners looking for still higher levels, and prices will then advance rapidly.

---

...so, the book says: "distribution".

-Steve



To: smolejv@gmx.net who wrote (5283)1/28/1999 9:03:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
DJ; RE:" Hey, CSCO... Hey, Pancho! "

geocities.com

rollin', rollin', rollin',
churnin', earnin', turnin',
keep them dog-gies growin', Greenspan !

we'll hold 'em when you let 'em,
and buy 'em when they sell 'em,
just shave a point or two when they do tank !

ride 'em out !
cut 'em in !
ride 'em in !
cut 'em out !

ride 'em out, Green-span !

-Steve (^_^)



To: smolejv@gmx.net who wrote (5283)1/29/1999 2:32:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
DJ; RE:" do Tel, dude "

There were a couple of important developments in the U.S. telco biz this week, DJ. First, a court decision re-interpreted the Long-Dx BigTel's access to the BabyBell's local networks.

dailynews.yahoo.com

There was a lot of panic at first - everybody jumped off the BabyBells stox choo-choo train (these phone companies are the most widely-held stox in The States, DJ). What used to be "MaBell" before the breakup is now essentially the entire PNX.X index, giving some indication of what a humongous monopoly MaBell was:

T - AT&T long DX

SBC+AIT, BEL, BLS, USW local regions

geocities.com

...not counting the crumbs spun offa MaBell, like LU - Bell Labs !

Berney and I happened to be playing around in the PNX.X sector when this happened, so it was great! 4% waves suddenly became 8% waves. At first it appeared that the BabyBell's just got screwed. But then the turtle press NYTimes printed a more thoughtful clarification of the court's ruling, noting that the BabyBell's won the ability to charge for certain access rights. Next day, everybody jumps back on the BabyBell choo-choo.

Bottom line is that big GlobalTels will have enhanced access to local U.S. BabyBell switching networks.

The second development was even more intriguing...

biz.yahoo.com

BigT comes out and says, "we're gonna flat-rate all long-DX calls at 10 cents / minute, and we're gonna make wireless calls at the same 10 cents/minute flat-rate. For the first time, firing up your handi costs about the same as making any other phone call. uh-huh !

ok, consider the analogy...

INTC : AMAT (Intel is to AMAT) meaning, as we were talkin' about a while back, INTC stock growth is a function of its underlying commodity, chips, leveraged by Fed market liquidity cost of kapital; this is a leading indicator of AMAT stock growth, which is a function of capital equipment (utilisation) investment.

So,

INTC : AMAT as T : LU, par example.

The implication of the fundamental change appears to be...

IF Long-DX = Handi THEN T : NOK.A

further...

T+WCOM : NOK.A+ERICY+MOT

and finally...

T+WCOM : LU + (NOK.A+ERICY+MOT)

-Steve