Simple: Buy when low, Sell when high! Simple rule of stock trading.Can't you imagine a btter scenario of buying stock than a recession? LOLI am telling everyone that shorts the stock markert in the middle of a recession must be out of their minds.Buy now, and enjoy riches a few years down the road, when the economy is back to normal, and starts flourishing again.Remember! Buy on lows, and sell on highs.Best scenario to buy: middle of recession (right were we are now.)Best sceneario to sell: long running good economy, in the middle of a market bubble.If you sell during recession, and you buy during a bubble, then you are going to be broke.
This is the bubble, what happens when Capex is further reduced later in the year? Why would ASP's maintain at current levels.
But this is not a "low" not by any stretch of the immagination. Intel was bid up to absurd levels, this slight dip does not even begin to correct the overvaluation of intel.
Current price level is ABSURD??, when Intel is reporting sequential growth in earnings on increased revenue. I THINK NOT!!! YOU ARE ABSURD!!!