Well just to let everyone know I dont have inside information :). Wow I was dead on with that Intel call of lower margins. Intel is being punished as I write this pre market. Intel's failure to meet earnings and revenue forecast for the fourth quarter is not sitting well with tech investors. Intel is down 15% pre market to $19.85 and I wouldn't be surprised is Intel sees $15 this year.
This morning might be a very rough day for the markets, Overseas markets are down nearly 5%.
I guess i was wrong and right over my APPLE call in december. I noted the first week of Decemeber that Apple should trade back to $165 by end of december but i missed it by 2 weeks. I am still confident that the gambling stock will head alot lower and SOLF will be a $15 here soon, very soon.
Very rough market to trade in years here but if you on the right side you can make trades very profitable. I am still expecting a washout capitulation and a decent bounce as we are oversold with TRIN reading ending over 3 in a number of session since the start of the year.
Good luck
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