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

To: Alan Smithee who wrote (166703)	6/20/2002 2:38:08 PM
From: fingolfen	Respond to of 186894

TA is not all hindsight dude. Take a good look at that chart I posted. Until September of last year, the stock was a pretty good position trade. Since January of this year, however, it's been in a clear and steady downtrend. If you'd taken the stop at 31, you could have saved yourself about $12/share worth of pain. It's obvious now, but was it "obvious" then... I actually sold small blocks in the $30's and high $20's and have diversified a bit. I do, however, think the stock will improve substantially once the economy gets its butt turned around. Intel generally has periods of flat to down followed by huge run-ups. The run ups are always based on news and/or boom cycles, and are very hard to predict ahead of time. I therefore try to load up when the stock is cheap, and hold through the turmoil...