Zeev's Turnips Patch-No Politics (ZEEV)

[shoreco]

>> you think INTC is being kept down here to setup a big runup after earnings <<

This market has been strong, what could bring it down???

A bad INTC???

If you're long the market then an insurance bet would be to "short" INTC as a hedge...

If things are rosy, then you remove your hedge and watch your holding party along...

If not, then you'll offset some of your losses with an INTC tank...

IMO, If they don't raise forward guidance, then I can't see how they can expect to keep going up, but that will be for the street to decide in AH's...

EOM
Shoreco

PS
I have no interest in INTC long or short...