RE: "How about a survey of the thread on where Intel will bottom out here short term ? I'm getting ready to buy more, it's just a matter of when to buy. What do you think ?
Felix"
Hi Felix,
My buy-it's-a-dip alert went off today, but I took a look at my cash position and decided to sit this one out. While I continue to be a tad more than 50% in INTC, I had gotten out of AMD (after a short profitable stock stint - all credit goes to John F) and moved it over to MSFT which has been sort of holding up. But it's tempting to move this money over to INTC since INTC dipped so much. If my cash position were higher, I would have already been buying on a series of 3 or 4 dips: x (at today's price), x (63 to 60), 3x (if it hit 59), and then a large leverage with leaps or 5x (if <56, lowest probability).
I'm envious of you. I have to watch this one out, unless I can shift some things around. If it hits 59, it'll be worth my time to do some shifting. At the moment, this time is money or a defocus off of my current work and home responsibilites, so I'll have to pass.
Have fun. Dip buying is fun. September is great.
Amy J |
