Intel will struggle to go under $22.00. Intel is a slow grower and $24.00 was not a a big deal comparing it to other chip stocks. Greece/Spain/Portugal will survive much better than the markets realize. Europe is already bust for 2 years and even the worst countries are at a bottom. There will be no quick market turnaround in the worst countries, it will take time. However, the stronger economies are already starting to recover at a reasonable pace considering the recession was every bit as bad as the USA. So buy on the dips, the world is not about to end.