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Victoria,
Thank you for the informative post on Goldman Sachs. "Absolute" is a strong term, isn't it ? They are saying that based on today's price of Intel, we "must" see 175-180 in 12 minimum, 18 maximum months. Now that's MONEY IN THE BANK !( Better than a CD). Bet there's upside to that absolute minimum gain.
Shortly, we will see an explosion of Intel stock. It is getting into the very oversold area. If it hits 142 or below, there will be very heavy buying. The broker upgrades will be coming out of the woodwork.
Intel does not have weakness like IBM. And CYRX and AMD will not change Intel's EPS forecast in the least.
If Arch's predictions continue, Monday will be down, but Monday afternoon could see heavy program buying. If not Monday, then Tuesday.
Just my feelings. We've had several consecutive down days for Intel. That is unusual. If Monday continues the trend, then Tuesday will be an explosive up day.
Regards,
major
Regards,
major |
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