Doctor Jack's Stock Medicine
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Originally posted by DSteckler View PostWhat's with the obsession about testicles? You're talking about Jack's; Lye is talking about Lou's....<VBG>Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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Originally posted by Jack Haddad View PostCovered at 72.67Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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Intc
The stock is trading in a perfect consolidation form! Pull out the monthly chart and take a look at those trenches. The retraction from 19.87 10 days ago was the shorterm top. Thereafter, the stock retreated to 19.08. Notice the consoidation trenches between that range.
I would be very careful taking any short postions at the moment, especially that INTC is in its "quiet period". We shall trade above 20.00 very soon as INTC nears the Oct 17 earnings announcement.
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Originally posted by spikefader View Post
A few weeks ago we (my company) started receiving some nice component orders from an equipment manufacturer (privately held) that makes a lot of "stuff" for INTC (100% of these orders are INTC related). I have not seen this kind of work for a loooong time. My customer is saying that INTC is "tooling up" for something right now and spending on this type machinery is about to explode. We have been told to get prepared for this influx of work. What does it all mean? I don't know.... I have no idea how this kind of thing relates to INTC's bottom line or when.... but I wouldn't short INTC right now. I've actually been thinking about buying it..... And as an immediate play I'm looking at some smaller equipment manufacturers that supply the "group" too.BEEF!... it's whats for dinner!
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