INTC

earthmanx1 · Mar 27, 2004

In a perfert world

Percent of successful formations â 63%

Other considerations?

Chinese PC maker goes with AMD

http://news.com.com/2100-1006-5180040.html?tag=cd_top

Look to the future ......

have chinese takeout for lunch.

waggie945 · Mar 28, 2004

Very interesting chart, and of course the fibonacci's are certainly a possibility. However, NSM and AMD have actually been acting much stronger, relative to the rest of the SMH/SOX sector.

Don't mind Trend Fader's comments though.
He is already on record on ET as saying that he doesn't use cute little charts, and has no belief in technical analysis whatsoever.

Winston · Mar 28, 2004

but chart should bo back to Sept 01 to show beginng of decline. A reversal pattern needs something to reverse.

ARogueTrader · Apr 3, 2004

waggie945 · Apr 3, 2004

Yep.

Time for the "laggards" of the SOX to now play catch-up with NSM and AMD.

ARogueTrader · Apr 3, 2004

If, and it is a big if, INTC kicks into gear, the upmove could be verrry swift and painful to the shorts.

I think we make another run at 30, which is where we failed last time.

Quote from waggie945:

Yep.

Time for the "laggards" of the SOX to now play catch-up with NSM and AMD.

marketsurfer · Apr 3, 2004

thanks for the chart work. yes, i agree with you--INTC is going up.

easyguru · Apr 3, 2004

Why waste your time on a relative strength laggard. If you want to trade the semis you should be in VSEA, MRVL, NSM, ADI. For dollar to dollar they will move much faster than INTC.

easyguru · Apr 3, 2004

Why waste your time on a relative strength laggard. If you want to trade the semis you should be in VSEA, MRVL, NSM, ADI. For dollar to dollar they will move much faster than INTC.

marketsurfer · Apr 3, 2004

Quote from easyguru:

Why waste your time on a relative strength laggard. If you want to trade the semis you should be in VSEA, MRVL, NSM, ADI. For dollar to dollar they will move much faster than INTC.

this isn't the 90's. speed is not where its "at" .