*** 1 STOCK - 1 WEEK *** PMCS LONG/SHORT...
If the markets up I'll go long and if its down I'll go short.. take a look at the cup and handle chart formation.. I can predict these things like the back of my hand..
Sad to say, investors are a weird bunch, and they tend to think otherwise. Were they shoppers, they'd back up the van to load up on $1.95 tuna fish marked down to 99 cents a can. But investors do exactly the opposite. Whereas shoppers gain interest directly in relation to dropping prices, investors tend to have an increased Pavlovian response as stock prices move higher. When XYS is at 30, they nibble. When it's at 40, they buy more. And, when it's at 60, they're ready to hock the ranch. How dumb is that? Yet, that's exactly what's happened with Intel.
Warren Buffett is believed to have said, "We buy what has value, not what is popular." Notwithstanding the problems in Asia and the whole host of excuses that has been conjured up, if you liked Intel last week, you have to love it now. |
