Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (125169)	10/18/2005 9:19:28 PM
From: venividivici	Read Replies (1) \| Respond to of 209892

INTC will probably be spun positively tomorrow if we start rallying right out of the gate. One could look at the flip side of their running out of capacity and say that they must be pricing that into each unit, so net-net, the revenue is the same. Hence the record revenue despite lack of capacity. Also, you don't have a half-utilized plant sitting on your balance sheet as capital and adding to other expenses, so it's actually prudent capital management. Plus, that forecasted gross margin is pretty nice and a 12.5% improvement over last year's 4th quarter. Now, if the market thought that Intel couldn't build that capacity in the medium-term, then I can see it being a problem for the stock price because then the customer markets would find substitute suppliers like AMD.

To: Moominoid who wrote (125169)	10/18/2005 9:36:44 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

I thought for many months that the operative pattern were the ED's on the major indices, which ended in August. On some, like $MID, it overshot, on others, like $INDU - the last wave was weak. SPX the last 2 days tested its lower line from below, and was repelled. NDX this morning came up to a critical resistance, offering an opportunity to short with a good risk / reward -- which I did... and posted that. The index hung out right under 1550 --- and about 3 points higher there was a good stop. Can't get any closer than that. So, why should I worry about all this great number of counts and theories floating around? Theories are a dime a dozen... what's more important, imho, are setups with good R/R. At this time, I took some money off the table, and should be able to change my stops to breakeven or better. As far as I'm concerned, the indices are (most likely) either still in the 4th - or already in 5th of 3(or C), looking from the August top. As far as the excessively bearish sentiment is concerned -- that's a problem, but we should be very close to having a Wave 4 up, which could last for a few weeks and work off much of it. And then - after the 5th down - we would be ready for a seasonal rally ("large" Wave 2?). ....And my job is to try making some money and NOT get hurt - even in case I'm totally off the wall wrong.... ;)