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Intel Corporation Message Board

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  • yourwishismine yourwishismine Dec 6, 2012 4:08 PM Flag

    After the manipulators are done we should close out the day around 19.50...

    You called that one, spot on!

    Sentiment: Strong Buy

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    • 50% luck. Intel honor the piviot point, R and S levels frequently but not always. Since it was trading above the R2, I just expected it so sink back to it.

      50% guess.

      Intel trading seems to be strongly influenced by some programmed trading aglorithm. I don't thnk programmed trading is the same as manipulation. It seems to use Piviot point as rails for weighting its trading. I don't know whether it is the buyer or seller or both. Share buy backs can continue up to the last 10 minutes of trading since Intel has a market cap of more than $150m. Otherwise, the last hour would be off limits.

 
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