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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: #Breeze who wrote (20251)9/4/2024 12:21:51 PM
From: sandeep  Read Replies (1) | Respond to of 26631
 
So, if Intc were to split into 2 companies, does the wave count stop or you can apply it to sum of the 2?



To: #Breeze who wrote (20251)9/4/2024 5:25:18 PM
From: Kirk ©  Read Replies (1) | Respond to of 26631
 
OK, so I have in my notes your target is 12.91 and if it goes any lower than 12.05, then the decline probably won't stop, the count is invalid and it can go much lower.

Thanks for the clarification.

Given my addiction to knife catching, I jumped in front of the steam roller to get a few shares in my ROTH to maybe play a bounce of the SOX off its 200-dma....

but Intel may be so hated, the others might bounce and INTC fails to participate... we'll see.



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