could be the cryptic clue here
INTC holds the gap 17.71 from july 09
Started by
andiron
, Aug 31 2010 03:04 PM
3 replies to this topic
#1
Posted 31 August 2010 - 03:04 PM
#2
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...
#3
Posted 31 August 2010 - 03:25 PM
Dead man walking:
#4
Posted 31 August 2010 - 03:37 PM
Dead man walking:
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.










