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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: mattcar who wrote (4059)7/16/2001 9:18:32 PM
From: Michail Shadkin   of 6873
 
Mattcar - Re: INTC

I dont see how this will be a good report, but the longs are grabbing for straws.
Any mention regarding "things are bottoming out" or "the worse is behind us" and INTC will pop 2-3 points.

Worth mentioning:
last 4-5 months, every time INTC has rallied after earning, CC, or mid quarter guidance they have given those gains back very quickly.

I think INTC rallies right after release and then dumps next day after gapping up.

I am not playing INTC into this earnings report.

Michail
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