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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: sandeep who wrote (49904)	5/9/2013 12:24:51 PM
From: Fintas	Respond to of 220776

On the FA side ol intc isn't doing as well as it could be. Remember when things are booming or turning so too is construction. Here and now..NOPE It's RSI still needs more to the upside re % and even then it'll beg for a pull back. Yes intc is a long term buy for those who have patience. Yet if one waits there's an opportunity to come in lower and from MY strategy would be the time to be thinking CALLS with strikes of 22.5. NOT yet. One more thing, it's been a LONG LONG time that INTC was considered a bell weather. I doubt that has changed. Let it take out 29 and I'll think otherwise. Fintas