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Intel Corporation Message Board

  • stoptheinsanity2000 stoptheinsanity2000 Oct 3, 2012 9:39 PM Flag

    INTC Is Not Bouncing off an oversold condition....................

    It should have made a decent bounce off the low 23 area, that didn't happen. It appears it's doing the same thing it did a point higher. Look for a bounce off the 21 area, it that doesn't happen , then 19, and if not that, then just forget it, because the stock will be way out of favour if the market is still up. INTC's relative performance to the S&P is very bad, So Institutions will be dumping INTC into the end of the year, unless the market corrects.

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