Okay, if it takes a 1% move uppity in the broad market just to keep INTC flat, what happens when the broad market titters a bit, huh?
marco the great :-) Debbie is letting chme use her computer tomorrow-mine has a virus-so, I'm gonna teach her how to SHORT INTC and sell puts. She's a single mom with two screaming brats and needs extra ca$h. She'll probably spend the profits on more vodka. Thank Gawd she has food stamps.
I'm looking to short ARMH (hopefully at $50). I sold my INTC at $25. I figure if INTC can't go up on a top line beat and AAPL can't go up selling a record number of iPhones, then there is no way ARMH is going to sustain a 100 P/E. The expectations are too high for anyone to meet.