This is the second time in a week that very high volume early in the morning has pushed INTC below the 200 day moving average. I think the only substance to technical analysis is that some of it is "self fulfilling prophecy- but it does work to an extent. I don't know that a stock as big as INTC can really be manipulated successfully- if that was what was going on last Thursday, it didn't work very well.
It would seem that maybe people are trying to bring the price down to get a position or end a short position. Whatever is happening, it won't mean anything relative to the earnings report next week.
OT- don't whine about Wally being absent. We can do without him just fine. There is more substance on the board this morning than in the last several. Maybe people are realizing that the "govmint" shutdown is a non-event. Any day that the govmint is open is a good day to shut it down. I just wish they would unlock the gates to the parks.
Wally continually includes posters as manipulators. That is ridiculous. Neither his nor anyone's posts, pro or con have even a tiny affect on the stock price. INTC is milked by traders in both the equity and derivatives. I think it is a buy, but a tough stock to trade due to the manner in which it trades. Totally unpredictable.