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To: Al Serrao who wrote (21663)6/4/1999 9:37:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 93625
 
**OT** Al, I was hopping that INTC would surge back above $55, but this failure keep INTC in its "down" channel. If all we are going to have is a correction here, then the major support, I believe, is in the $45 to $46 area (it was the resistance on the way up last Aug to Nov time frame). If this turns into a bigger down trend, then the first support is last years lows in the low $30 or so.

Zeev


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