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Re: OT - INTC
Hmmm ... great APPL quarter, they set it up for folks to dump
and now the smart money is buying it at lower prices, lets see if
it holds through tomorrow. A $100B capital return
program. Wow! Massive. I still have some shares, not a
big position at all. I kept a little bit from the position I had
several years ago when APPL fell hard which I sold after it gained
some 40%. Duh! I should have kept it all. It is now
some 100%+ from those levels I sold at.
Will see if APPL is the catalyst the market needs to shake it
off its boots and make it start the next leg up. So far that
has not been the case, this market has not been impressed with very
decent earnings. AMZN's blow out quarter initially bolted the
stock by some $140 in AH but it retraced much of it in the next
trading session, still has not been able to reclaim its 52 week
high. Its valuation is still incredibly high. Its forward PE
is over 100.
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