I pretty much have a similar gameplan. Strong opening on Monday followed by a retrench to the 50 SMA +/-10 points and then off to the races. IMO that could happen as early as Wednesday AH but at the latest when INTC will anounce the week after.
BTW, INTC has been held back by the powers to be, even underperforming the SOX. I believe we could see some very nice gains in this one, once they let it run.