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


To: Thomas J Pittman who wrote (59838)7/12/1998 9:57:00 PM
From: Ibexx  Respond to of 186894
 
Thomas,

My read of the situation is that INTC is currently poised to recover...first to $85 and then beyond. This is also supported by TA which shows, among other things, strong money inflow in the last few weeks.

However, if you have better use of the capital and wish to trim of 1/3 or 1/2 of your holding, that is justification enough......I would do it in increments if you have a very large position and if you are not restricted by time frame.

Good trading,
Ibexx