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[Previous entry: "FDX--Locking in some more gains--+$7.76"] [Main Index] [Next entry: "VIP A nice +15% trade!"]

01/13/2004 Archived Entry: "INTC--Locking in some more gains--INTC reports Wed. after close"

click here for INTC chart
1/14 This is the third stock (of five) we are locking in some profits. ProfitPoint subscribers received INTC 12/11. We entered long 12/18 @ $30.89 There is strong monthly resistance in the 34.50 area. Also, INTC reports Wednesday, 1/14 after the close. So we are closing half of our INTC position 1/12 EOD @ $34.15 for a profit of $3.26 (+10%). We will make a decision for the remaining position after INTC reports.
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