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Intel Corporation Message Board

  • littlestewie88 littlestewie88 Apr 19, 2013 2:37 AM Flag

    Just A Thought

    The major indexes are now in short term oversold territory. We could get an oversold bounce in the near term. However, the uptrend has been broken. This week, new 52-week lows on both the NYSE and the NASDAQ reached the highest level since last November. A short term bounce will likely bring ieventually n sellers and lead to lower prices.

 
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