This idiots glass is half empty. Be positive guys, the whole market is down and yes may go down some more from here, but jobs and housing comes back soon and we roll higher, much higher.
I say six months from now, major bull market working and 90% of equities move higher including INTC. Think Glass half full, please, much better for you mentally. You all will sleep better.
Options expiation this week. Let's see what happens next week when otions are not in the picture. Probably going to $13.xx , if INTC announces a lower dividend, which I belive is probable then $12 is possible.
"How far down will you ride this one?"
Well I will tell you that I will not hold till I have a loss. That is around 18 bucks so I have a way to go. Right now, figuring tax @ 15% and a sale @ 27.99 I could have bought back @ or below 26.50 for a BE or better position.
- Preparation H.