Replies to post #52301 on Intel Corp (INTC)

[techno_bull]

Wow! You didn't even stop off at 'the correction' phase let alone 'the capitulation' phase of a reversal and went right to a bear market. NASDAQ is down about 7% and S&P about 5% in the last 3 days not even a correction yet (10%).

[FCguy]

A Bear call may be a little harsh, but
if you're early you're not necessarily
wrong. I sold virtually all my IBM today
after a nice run this year. But look at the
last month, down like 15% since Oct 16th...and
there's no one thing to point to just
a steady string of bad news, their quarter
certainly wasn't bad .. sure Cisco is
the latest or is it Qualcomm or is is Google
or just subprime but 15% in a month?


I comparison Intel is holding very well, but
can't see anything going up in the face of
the steady beat of bad news ... FED mumbling.