I have to believe that you can make an dollar trading INTC to the updside. I would set a stop at 19.75 and a sell somewhere around $21. This stock refuses to stay down despite the bad news. It is now apparent to everyone that INTC sucks. So with any hint of good news the stock will rocket. Be patient though its not going to happen any time soon. I could see it hitting 25 within 3 months and I like those odds.
posted by Random Thoughts at
10:25 PM
The purpose of this blog is a forum for me to piece together the action of the market and write down my thoughts. I will analyze companies, talk about strategies, recommend articles and essentially talk about anything I feel is necessary. (All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets.)
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