Shoibal,
RE:"FWIW, if I were to hazard a guess, today (ca 71 13/16)is close to the end of the current sell off for Intel. Also, when the money starts rotating out of the INUT stocks, I believe Intel will serve as a very attractive parking space for it, mainly because it hasn't participated in the craze and also because when the 'nuts fall out of favor, people actually look for a "real" company. All in all, for the short term (6 months, not minutes), this makes it an attractive trade."
I think the saying..."no wine before it's time" may be appropriate for Intel here. Like someone said, Intel is dying of a thousand little knife cuts. I'm still waiting for the big slice myself.
Intel is misbehaving in the greatest bull market of all time. To think it will suddenly go up when the general market and the worthless internet stocks retreat, is tenuous at best...
OTOH, when the biggest Intel Bull on the thread (PREngel) suggests Intel is heading for the mid sixties...it might be time to look to look for a bottom. <G>
Anyway, good luck bottom fishing.
Regards, Jim
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