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Technology Stocks : Intel Corporation (INTC)
INTC 35.44+2.7%10:18 AM EST
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To: Saturn V who wrote (124707)1/11/2001 5:14:49 PM
From: Hightechhooper  Read Replies (4) of 186894
 
Saturn,

I don't think there is anyway INTC can shrug off the triple wamy of HWP, GTW and RMBS. If the retail sales report is worse than expected all of today gains will be gone and then some.

I wish I could buy back my 37.5's and then sell 35's or maybe even 32.5's. INTC needs to surprise with some unexpected news (big stock buy back, very accelerated P4 timing etc.) to have any hope of moving above 35 and/or prevent falling back to 30.

I think any selloff will be short lived if the fed cuts another 50 in Jan.
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