Wtf was THAT?

After about 13:00 today, Long was NOT wrong.

If you are short you should ..... abort!

 

I would not expect anything less from you, blsh.

Shorts are in for it rest of the week, imo

 

I agree. There is a gulf between what Dell sees and INTC sees. Dell is closer to the ground and INTC are masters of manipulating inventory and earnings.

 

Here's a 1 second/bar YM. The move to 8375 may be 'real'. The next 2 black bars are clearly the leading pair of a 420 point YM pump and dump. Fits in nicely with OE week though.

lj

 

Report: 2009 to be PC industry's worst year since dot-com implosion
by Erica Ogg


At the end of this year, the number of PCs shipped is expected to be lower than the previous year, a rarity for the industry.

In fact, it would be the first time that's happened since 2001, when the tech world collapsed in on itself, according to market research firm iSuppli. A report released Tuesday by iSuppli is projecting that 287.3 million PCs will be shipped in 2009, a 4 percent decrease from the 299.2 million shipped around the world in 2008.

 

Now we will wake up to futures up 1.00% gap open the cash, sell down a few then flat line all day. Just like we did today.

 

My T&S shows the following:

16:30:07 8680 3

16:30:06 8680 1

 

Only a fool would short a 500bps jump in margins. It has done nothing but rally since this thread started. $18.20 last.

 

Feel free to short the stock and post your position here.

 

INTC is priced to perfection here.