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Technology Stocks : Intel Corporation (INTC)
INTC 38.36+3.6%2:32 PM EST

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To: bambs who wrote (153362)12/31/2001 11:38:43 AM
From: wanna_bmw  Read Replies (1) of 186894
 
Bambs, enough with the arbitrary graphs. Everybody knows that you can capture any arbitrary time frame to prove any point of view.

The best I can counter with is this, which shows Intel exactly matching the up's and down's of the Nasdaq, and outperforming it, besides.

finance.yahoo.com

The reason why Intel is trending down isn't because of investor confidence - it's because Intel trends the same direction as the Nasdaq most of the time. We'll see if Intel hits $29 in the next two weeks. If it does, that wouldn't validate your prediction, since your prediction doesn't have a stable basis to begin with.

wbmw
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