another nonsense post from Waldo replete with non sequitors
poor appl, they should have realized smart phones was not the place to be, and like intc should have stayed focused on pc's
not bad. The current rsi is low enough that a bounce is possible from the current level ( though the rsi for qcom is even lower),but with a bounce that is modest at best with multiple former support points that will now serve as resistance. The 2 most recent times the price rallied of any consequence, ie October, December, the indexes were also at rsi 30, whereas today they are not with the qqq down a mere 4 percent or so from the December top in large part due to the strength of AAPL. Given the lack of coincident oversold readings, far less of a chance of a v bottom for one of the worst stocks since the dec top
poor Waldo, totally misses the point, the asset class that has out performed since then has been us treasury bonds, why, deflationary pressure,
as for INTC, the price is now lower than it was back in july, with a clear recent pattern of lower lows and lower highs in an overall market that has yet to hit oversold
and the reason spending increased, health care costs by a country mile, thanks to the fool in the WH.
this from the fool who bght armh 44.oo based puts right before armh ran to 55.00, and posted about possibly selling INTC, but never doing it, just before it dropped over10 percent
poor wally, suggest you look at the uso Chart, many a rookie lacking true technical skills,just like you, thought oil should have turned around quite a while ago. oversold bounces do not ipso facto mean a change in trend,
which you posted would likely happen a day ago, and yet today, intc said goodbye to the meager support it had at 33.50, and that after crashing below 35.50.
Poor Waldo, the market peaked in March 2000 so this can hardly be equated, ipso facto, to good news for the markets.
Poor Waldo, still as obtuse, clueless, and pompous as ever.
Boasting of a whopping BS degree, whoopee, in my line of work, absolutely meaningless.
Hard to believe he actually seems to boast about his rather limited education. My father earned more degrees while working three jobs and raising a family.
what an idiotic post, par for the course for Waldo and his whopping BS degree
poor waldo, still the same pompous fool with no short position in armh despite all his bashing, and still pumping intc despite his post of a week or so ago about possibly selling
7 years in college and all he gets is a BS degree. whoopee
and earnings so low, he qualifies for subsidies?