Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 46.48

-3.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sajjad who wrote (9315)	1/25/1997 6:12:00 PM
From: Mark Jahre	of 186894

My greatest concern is not Intel, but the market. I will be watching bond yields and interest rate action. If the market drops again, next support level is 6607. The market already showed us on Friday that it is not adverse to taking down everything in its wake- including Intel. A sell off will give us some great buying opportunities. I agree... a sell off may bring Intel back to a support level of 142. Unless there are fundamental changes, such as an interest rate hike, this sell off will reverse itself, to a DOW 7000. After all, we have great earnings reports coming in. If the DOW breaks it's support at 6607, then watch out ! Regards, Major

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next