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Re: jay1000 post# 65949

Friday, 08/08/2008 11:58:23 AM

Friday, August 08, 2008 11:58:23 AM

Post# of 151692
jay,

SInce I use the fundamentalist model, my posting will sound like a broken record. The fundamentals have not changed.

Oil prices will collapse to lower than 100, toward 60. The economy, and tech stocks, and especially Intel will benefit by expanding sales both in the US, and to emerging markets. In fact a price for Oil around 80 will be ideal for Intel. Both oil selling countries, and oil buying countries will have enough ability to buy all that Intel can make. INTC will get to 26+, which will make it fairly valued, and I hope to be trading it at that level. I expect INTC will be in an uptrend for a couple of years at least, based on its technical lead, and the fact theat its competition is barely breating.
The only other stock I have is Seagate, and that has been a disappointment and a bad investment so far. But adhering to the fundametalist persuasion, I have hopes it too will get to 25 within a year or two. Until then I'm just idling and paying margin interest.

Now if I can switch over to the chartist persuasion, I would be swinging from side to side like a willow in the wind. And pocketing profits coming and going. But alas, not for me!




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