Intel Corp (INTC)

[spokeshave]

How low do you think Intel will retrace? I'm guessing not below $13. I'd like to get the rest of my shares down there. My current cost basis is just below $13.9

Dunno. I think the market in general is due for a retracement, and I believe Intel will follow. I'm guessing that we'll see the high 13's again. Of course, we get earnings in 11 days, and depending on market sentiment at the time, a small miss could mean a big move down, and a small exceedence could mean a big move up.

Like I said - it's a roll of the dice.

Edit to add that I am very interested to see how the day closes. It has been trading modestly lower all day, but has shown signs of strength. Just my luck, Intel has been tracking higher than the rest of the market today, which is unusual of late. I think a lot of money is trying to decide if the rally is over or not. If the sentiment is the former, then we'll probably see a selloff at the end of the day. Otherwise, if the market closes close to even or positive, then it looks like it will have taken the bad news in stride and the rally may continue next week.