Replies to post #79277 on Intel Corp (INTC)

[Sarmad]

thanks.

re >> This morning's action looks wild.

Everyday lately has a lot of volatility in both directions. yesterday went from Dow negative 100 to positive 100.

For about two weeks now the financial press is emphasizing negatives for the economy and market. Yet stock prices are holding at their recent high in a medium range. I don't think there is anything to break this market except worse than expected labor report in 3 weeks. Until then I expect to have good results leaning to long side.

Today's unemployment report shows job loss rate is slowing. If we get next two weekly reports in same direction, that will mean the monthly report will be seen as positive for the market, and up-trend continues for another month.