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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Galirayo who wrote (9280)11/13/2008 6:18:47 AM
From: robert b furman  Read Replies (1) of 41404
 
Hi Ray,
Looks like a possible set up 9nl10 or whatever you call it.

A bad close this week and a worrisome weekend.

Reversal on Tuesday.

Intc will open at n ew 5 year low.

Previous low was 12.96 back in 03.Since then it has added almost 2 dollars in book value and owns it high margin business.

Mostly because they reduced their revenue targets by 10-12 percent.

Much like Csco.

My bet is October 10 th fast spike gets marginally violated and we go sideways till next summer.

BWDIK

Been basicly wrong this whole way.erg

Bob
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