I think that INTC will see 60 before it will see 80.
It is a great company, it has a good grip on the market, however the casino managers
( the specialists) have a plan to drop stocks. The have shorted the market all through
its last ralley. They need to stock up on stocks before conducting a dow 6000
ralley. So, inventory is low, and they want YOUR stocks. If you stay long enough
you will see profits, but why? let them have it now before they drop to 50/60,
then pick it up around 58. If you have profits. take them. can you stomach INTC at
58 ? if so, stay. Intel did not decline much today, as far as I am concerned, it is on
their hit list, and will be hit at least to 64 TOMORROW. sell at the opening if the
market looks weak. And YES , I do believe that Intel will reach 100... sometime
but it is more likely to reach 60 in the near future.
Good luck, I am short. |
