Global Economic Slowdown Weakening US Economy Catches up with Intel (INTC)

Date: 8/27/2010

"Economy intel" Global Economic Slow Down Weakening US Economy Catches up with Intel (INTC) Video Intel May Snatch up Infineon Maker of iPhone Android Chips Intel eyed McAfee for years Intel warns quarterly results will miss expectations. Customer order cancelations isn't good, our GDP Forecast was 1.5% GDP. Earnings gimmicks and "Intel Downgrade" Cap-ex Spending is lower as "Economic stimulus" wears off.

What do these markets end up doing as the bulls continue to try to manipulate "the tape". We aren't holding anything long overnight. We're adding to the bear funds overnight and we continue to add to positions on pull back. Q3 downside with chip prices staying firm. Daily chart on Intel INTC, we were shorting it into the earnings report.

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