Folks in all honesty i would not call a 1.33 rise a ramp up. I will agree with Lucy here that the stock rise was partly short covering as well as NAZ tracking, but i can assure you INTC will not disappoint and no matter what their Revs and EPS will come this F@*ing mkt will not be satisfied. These anals need to be hung by their testies.
If INTC tracks any ETF, it's the SMH, which also topped out not in 2007, but 2004 when AMAT was $26.00 a share.
Caution warranted on the QQQ. In an area which has proven to be strong resistance, and if it manages to surpass it, ie 58.25 ish, in relatively short order would be at rsi 70, nice move from oversold way down there at rsi 30.