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Post# of 152232
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Sarmad

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Sarmad

Re: joseph pareti post# 79673

Wednesday, 04/22/2009 3:04:51 PM

Wednesday, April 22, 2009 3:04:51 PM

Post# of 152232
>> so, that means selleing at $16 is a dangerous play, right?

Maybe yes, maybe no.

I think a lot is riding on the un-employment claims report tomorrow. If claims continue to drop, stocks will go up, and INTC with them.

On the other hand, chances are that on any down day in the market, INTC will be dumped to low 15's. (Heck, it was there yesterday).

I am fresh out of INTC for the day. And will buy back in on the next market down-spell. Whether INTC will be in the 15's, or the 20's by then ? Who knows!
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