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lentinman

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lentinman

Re: FinancialAdvisor post# 8320

Thursday, 05/26/2005 2:15:03 PM

Thursday, May 26, 2005 2:15:03 PM

Post# of 25966
FA: INTC:

Great minds think alike! You may notice that not only is INTC up 11 straight days (with 12 being almost a certainty), but it is up 18 of 19!!!!!!!!! The only down day was fractional.

Talk about a warning sign!!! What else do you need???

The last time I can find INTC close to this mania was up 9 consecutive days in August of 2000. By the end of August, it was $73/share. A mere 6 weeks later it was $35/share (-52%).

Who on earth is buying INTC right now? For that matter, who on earth is buying the broader markets right now?

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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