Trust me on that INTC call. You are going to want to hold it longer. Good stuff is a coming... I end up cutting my winners too soon -- GMCR is a classic example. But, if there is one short I have conviction around, it is Amazon. I'll be around for that morning when it drops 10%.
Wait at least until beginning of Jan before you sell. INTC might be surprising some people.
WHEN: Jan. 8-11, 2013 (pre-show Intel highlights include a Jan. 7 mediaconference at the 2013 CES Press Day)WHERE: 2013 International Consumer Electronics ShowLas Vegas Convention Center; Intel booth at Central Hall #7253WHAT: Intel Media and Analysts Briefing-- At the 2013 CES Press Day, Kirk Skaugen, Intel's vice presidentand general manager of the PC Client Group, will provide an updateon Ultrabook(TM) convertibles with touch, phones and tablets based ontoday's 3rd generation Intel(R) Core(TM) processors, Intel(R) Atom(TM)processors as well as future technologies.-- 1-1:45 p.m. on Jan. 7 at The Mandalay Bay, Rooms I & J
I wish I had the time, I'd love to make it out to Vegas. - PJ
Sybs not in a huge hurry to dump doggy intel... Being a contrain swing trader of over bought and over sold scam stox, sybs usually gets some sizable gainz of the dramatic turnz.... Sybs swing tradez around core positionz for the most part, but at the same time sybs iz not greedy and haz no problem scraping 25 or 30% stok gainz off the table and picking a new pup to bet on.... All that being said, and az it relates to trading long, az sybs haz said many timez - we are in an overall secular bear market at or near the top of the greatest artificially produced cyclical bull market ever known in history. Stox, all stox, even the 'value' boomer fav dogz, are going to get absolutely massacred at some point in the very near future. Now iz not the time for value based 'dip buying' in copious quantities and 'dollar averaging' the position az it goez against you in the fvckin TANK... you will fully understand sybils reasoning az the s&p prints 450 and the best of worthless common stox are trading at 6x earningz after being oversold to 4x earningz and sub 1x book value... Sybil knowz how to 'value' shop, all though you take it over board and make it way too over thought... Sybil also knows that there iz little value to be had out there with the s&p index filled with scam stox trading at 1400 for the following macro reasonz:
After 30 yearz of running up paper, selling and offshoring american businesses and heavey industry and spending on debt with stupid boomerz retiring on unsustainable systemz that are going to break at the bond market level, and with reliance on countriez that would fvck the US in a WS minute as payback for us fvckin them for yearz that areholding our astronical yeildless debt, coupled with the premise that never before in history have worthless stox in a bot rigged scam market been so high and hated simultaniously, theze markets are set to get fvcken obliterated. It will happen in the bond markets as teabaggers, the disenfranchised public and dopey congress say "were not going to bail out that lazy california lifestyle any more, let those sanburnadino county bonds and those state bonds fail"... That will cascade into the chinese debt holders of US bonds getting fvcked, who will in turn say "fvck you gietner, we aint buying anymore of your treasure trash for less than 9%, which will cascade into EU and US bank failure, hyper inflation, hyper unemployement, and the financial markets getting absolutely blistered.