Dear Chirodoc,
The best time to buy INTC is to watch for psychological dips due to some analysts downgrade, AMD announcements etc. There are lots of anatagonists that would cause enough fuzz to dip INTC a few dollars. If you are buying lots of shares at one time, it is worth your while to watch the opening market early a.m., then follow through it from time to time, there will be some opening window of low dip of the day, and the difference is big, setup a limit order, most likely you will get what you wanted, there are days when little flutuations exist, forget that day, hit next one, keeping in mind that sometimes the stock can ran away from us. The pain for owing this stock is not the having it, but not having enough of it when it rises, quoted from a friend of mine. Due to the fluatation nature of this stock, short term holding is hard, I am a long term person not because I wanted to, I learned the hard way. Remember the collective psychology in short term trading can push the stock as low as 10 per share whithin day, and yet careful analysis reveal no weak point in Intel as a company itself, that will be the day when I buy even with margin, and pay up later, the interest charged is minimal from companies such as Schwab.
Robert F.P.Tsui |
