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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Burt Masnick who wrote (126247)1/30/2001 11:24:00 AM
From: The Duke of URLĀ©  Respond to of 186894
 
Burt, thanks for the insight. But what is funny about the kapster does not depend on whether he is right about his call.

What is funny is that statistically speaking, the odds of his being in a loosing trade are about 5 in 6. You want to make money shorting stocks, short go.com, you don't short intel, unless you have a personal vendetta. :))

IF he's right and the stock goes to 20, what does he make, 17 Bucks??? That's his max profit??? If he's wrong and the stock goes back to 70, what's his loss? UNLIMITED!!!!

Just doing a little casual empiricism on the risk/reward ratio, makes kaps play HISTERICALLY FUNNY.

And because he made money shorting Intc at an all time high, does not necessarily mean he will make money shorting it near a 2 year low. :))))



To: Burt Masnick who wrote (126247)1/30/2001 12:29:49 PM
From: The Duke of URLĀ©  Respond to of 186894
 
that's into technical stuff thinks that it's very important and significant that Intel broke through 36. I think the technical analysis guys think that intel is headed towards 50. The s

I don't know about that Fibinocci Numbers stuff, but there are about 5 Trillion Dollars of MeToo fund managers that are starting to remember again, that Intc is a "must-own" for "any" fund, and as the price slowly firms, the upward momentum accelerates geometrically.

That is of course, unless Intc decides to re-release the 820. :))



To: Burt Masnick who wrote (126247)1/30/2001 7:52:11 PM
From: Bald Eagle  Read Replies (1) | Respond to of 186894
 
Next resistance is at about 38, then it should be relatively easy to get to about 46. JMHTAO