lol...almost got killed this morning with that jump from 20.24 to 20.35..........cant beleive i actually managed to hold on and get out when she dropped back down to the 20.25's for a second or two.........lol...guess those silly bastards that were buyin yesturday knew something! i start changing my downward outlook to more positive specially now that amd is saying next quater aint gonna be good for them!
AMD next Q won't be good so maybe it means INTC's next Q will be good. I was expecting today. This is just the start. Even at $24 and with a negative outlook, INTC is undervalued.
There is a possibility that INTC will run up to 19.70 at close. Almost lowest risk investment. Now it is 19.53
well you've probably figured out im a day trader so i cant hold anything overnight so i only care about intra day movement and sentiment on the stock....and i agree with you on the chance of 19.70 today so im holding my long position of 2500 at 19.54 till the 19.70 or punch out on the 19.50's.......lol...and if it keeps goin up probaly keep addin to my position till around 20k or so.......im up $550 already so i would like a nice $2000 profit by the end of the day! Come on AUTO keep buyin!!
lol...ok i lied....i held through the drop down to 19.48 and bought another 7k and then sold them all at the 19.53....so up $1000 today......gonna try and get another couple thousand and 19.50 and hold for the 19.60
Curious to open this up again for discussion regarding earnings release tomorrow. I think the general consesus seems to be that INTC is going to report a bad quarter, but nobody seems to agree on what will happen after that. One person I've seen on TV (that I actually have some respect for) thinks that INTC will pop upwards a little after earnings because the results won't be quite as bad as many are fearing. Others seem to think that forecasts for the next quarter will be bad, stock will plummet further. Lots of doom and gloom out there... I'm still very interested in INTC at these levels (fundamentally speaking), and it looks like they have some strong products in the pipeline for 2H 2006, but I'm pretty reluctant to play this one until I see how earnings turn out tomorrow.
Cramer...just before I turned him off (can't stand the shouting) said "sell..sell...sell.." INTC your in the house of pain. oh well