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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Fox who wrote (74675)	2/26/1999 10:14:00 PM
From: Technician	Read Replies (1) \| Respond to of 186894

A few days ago I posted my view on INTC as being locked in a trading range of 130 - 122, with a breakdown towards 100 if interest rates went up. I now think that we are on our way there, I think in light of the fact that no buyers stepped up today coupled with a strong probability that the 30 year treasury will sell off next week in anticipation of strong economic data and the severe technical damage done today we will get to 105 -110 next week. I think that INTC would be a screaming buy at 100.