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Re: Zeev Hed post# 238532

Saturday, 05/01/2004 11:07:07 PM

Saturday, May 01, 2004 11:07:07 PM

Post# of 704047
zeev, re: INTC...have a look at the chart for INTC - it sure looks like it wants to fill that gap from june 2002 back to the 22's range, which corresponds with other support points in 2002/2003 in the same range...and with a close below 26 on fri, i think the chances are much more likely that we go there...as well, i know your calls have been quite stellar over time, but i am unsure why no one seems to think that the indices can sell off to the 200 emas (the COMP finally did it fri, but the SPX and DOW have a ways to go yet)...esp since we have been above the 200ema for a record period of time dating back 75 years

pg

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