Bought 200 shares in Intel (INTC) today...

I notice no mention of a stop. Maybe (?) because it is a uhhh long time hold. Go way to lock yourself into being hamstrung. If support on chart breaks (high volume wide range breakout bar leading to ATH) likely it will run ... downhill and then some. Time will tell.
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SunTrader said:
But we are not mind readers. Helps to be more specific. Also as to what is your aim even posting this. Affirmation - attaboy? Encourage others to piggyback?
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You don't have to be a mind reader to infer that he intends on holding it a long time. Sure long haul is relative, but to him this is a value play and he is investing in it, not day trading it that much is surely obvious.

If someone really wanted to help you could ask him to clarify exactly how long, but to sit there and say it isn't a long term haul because of the dollar amount of the trade is just being a smart ass, you really are going to deny that?
 
Concinnity said:
You don't have to be a mind reader to infer that he intends on holding it a long time. Sure long haul is relative, but to him this is a value play and he is investing in it, not day trading it that much is surely obvious.

If someone really wanted to help you could ask him to clarify exactly how long, but to sit there and say it isn't a long term haul because of the dollar amount of the trade is just being a smart ass, you really are going to deny that?
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Uhhh where did you see me saying his position was NOT a long term haul?

Reading is hard. Snarking replies are not.
 
I'm not saying OP said anything wrong.

But the long-haul or long-term investing is outdated. Long haul can mean week, month, year or asset allocation like 50/50 etc.

If OP is really convinced by the semi industry and he can only put down $10k capital, then he should consider semi ETF like SOXL etc. There are double ETFs too. If OP is correct and he is in for the long-haul, then he should take on larger position with leveraged ETF instead of Intel alone.
 
Another thing to consider, while others rambling on - about a week, month, year long haul (without OPoster defining their OPost ... yet) - $SOX had biggest drop today points/percentage-wise of whole move down. Maybe it is the end for now - shack out weak hands. Maybe it isn't.
 
But what is the semi industry P/E? You can't just look at price action. Down has its reason.

The sentiment is still down. Do some reading on technical trading and find entry point.

Look at NQ action now. Before, after big tech earnings, NQ jumped. No more. Even TSLA is done 8%. Good earnings do not mean TSLA can go to $4,000 as Ms. Wood predicated.
 
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