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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Kelvin Taylor who wrote (16912)12/5/2001 10:52:45 AM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Kelvin, I don't think INTC will disappoint in their update. WS firms have come out with bullish comments and raised expectations ahead of the update. Stock has discounted the "good" news.

Regards,

Tom



To: Kelvin Taylor who wrote (16912)12/5/2001 12:58:59 PM
From: Paul A  Respond to of 19633
 
Kelvin- Really dont know at this point.. I consider myself extremely lucky having covered shorts on Monday, and the rest yesterday.. I only have an AVNT short average at 17.6 and a new short in NVLS today which will be covered tomorrow if Intel keeps this insanity going..

I see nothing in my line of work to indicate that Intels business is picking up.. In fact, I see nothing here today at work that even remotely looks like panic in the Dram market which still supports my thinking that there is a ton of supply waiting to dump anytime they push them higher..

All that bearish crap said, IM not adding to my shorts.. nor am I going long anything.. We have now entered the twilight zone and Ill let them play their little charades without me..

IM pretty upset tho as I think this is a very big negative for the markets going forward.. There is no reason for this bubble to keep getting bigger.. I hope IM wrong, but I think a day of reality is right around the corner..