Brian, as hard as it is to accept, there is no escape from the conclusion that most people, whether millionaires, beggars, voters, middle class retirees, or whatever, are very welcoming to manipulation, and rarely examine what they are told by "leader role models". At least goog going up 200 points is physically possible. How many millions of college educated people in the US believe the physically impossible claims of various religions ?
But regarding INTC, it all depends on Q1 and then Q2 financial reports. I think the foundations for INTC to go up 20% - 50% are laid down. But the analyst push has to co-incide with "better than expected EPS". The stock is positioned for that by dropping the estimates to 25c. The company will definitely do better. Maybe 30c - 35c. When that happens, the time for the pump action will commence. I intend to ride it up a little ways, and let the momentum folks keep the rest. If one is holding shares bought at higher levels than about 30, I think the only way to recover is trade at least partial position. Without that, it will be a long and frustrating wait.
Sarmad |
