I, We allow poets to use the drinking fountain.
Cuts down on costs don't you know.
INTC's sequential growth rate is nothing to sneeze at -- 22% for a Big Boy is fantastic. This one is real simple; you buy it when the PE ratio is in the neighborhood of the growth rate. Otherwise, it is a bloated whale awaiting the harpoon. The problem is that I thought the harpoon was warranted about where it closed in after-hours trading and it went way beyond that point. It made me feel like I should be rolling bones on the deck of the ship.
The buy decision is simple; just buy it at the monthly trend line. Then, unlike me in June, just hold on!
It's that sell decision that gets somewhat complex.
I expect, that after the initial shock, there will be a recovery to allow those Anal-ysts that were decidely caught off guard to get their positions straight, and then the Big down move will start.
Welcome to the sandbox! As Always, just A View from the Swamp.
BTW, KB, you can jump in at any time! MG, TM now has metastock (real time) and could appreciate any help you could offer.
TB |
