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Intel Corporation Message Board

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  • mylunch57 mylunch57 Jan 2, 2008 11:47 PM Flag

    Are we in a Recession? You bet we are.

    Dear Chicken Little;

    You must be an INTC short. I'm not going to analyze everything in your way-too-long message. Some is valid, and some isn't. For example: You wrote, "Meanwhile back at the ranch the stock market slides slowly downward. Oh sure, there are good days and one might think we are heading up. Forget-about-it. The trend is down.". WRONG! Let's use the Nasdaq Composite as an example (since this is an Intel board).... the 200-day moving average has been rising for about 15 months. The 50-day has recently sloped down a bit, but is still above the 200-day (which is bullish). And since this an Intel board.... even with the declines today INTC is still up 25% the past year. Find another board to post your negative comments on.

34.67-0.16(-0.46%)12:52 PMEDT