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INTC holds the gap 17.71 from july 09


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#1 andiron

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Posted 31 August 2010 - 03:04 PM

could be the cryptic clue here

#2 MikeyG

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Posted 31 August 2010 - 03:13 PM

I'm glad you brought up intel, although all my timing is based on technicals, this stock is case in point why the market should go higher on a fundamental basis... The divie is very "safe" and is 100 basis points more than the 10 year, unless we get a black swan type event and economy starts to fall off a cliff, money should start to flow out of treasuries and toward these "low risk" high dividend yield securities...

Christus vincit! Christus regnat! Christus imperat!

 

#3 selecto

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Posted 31 August 2010 - 03:25 PM

Dead man walking:

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#4 pisces

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Posted 31 August 2010 - 03:37 PM

Dead man walking:

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agree...seem like it dropped out of a H+S which measures to 14.00 so we should see 15.00 pretty soon, money might flow into these stocks but most likely at lower levels. this is a bear market until further notice...

good luck all,pisces.