Contrarian Investor UK invests mainly in UK FTSE and AIM listed shares. Like famous contrarians, Warren Buffett and Anthony Bolton, he likes to take a different view to the crowd of investors. He prefers the short term, possibly speculative trade, to the long term hold and takes the view that it's about "buy and research" not "buy and hold"! This blog tracks Contrarian Investor UK's thoughts on the stockmarket and his portfolio's trades. Move against the herd with the Contrarian Investor UK!
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Wednesday, February 17, 2010
Intel strength gives sale opportunity
Intel (INTC) closed at $20.7, +0.29 (1.2%) last night which gave an opportunity to close the position accumulated from the $19 level. The range bound nature of this semiconductor stock makes other opportunities more enticing in the current market. Any move back below $19.5 would give a re-entry point.
Russia, China against the United Kingdom, they have no economic advantage to England, if by Argentina, in the economic world of religion this may be an important merger for Argentina, they will not be a war, not as it would pay dear English. Caution, alliance with the most powerful country in América Latina. In silence, but in position.
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