Edit (4:22) "Intel Reports Best Quarter Ever"... I am happy about that believe me, because it is not going to do me nor many other people much good if CAPEX drops off. But now we will see the nature of the market and its current rally. If the pig exceeds and holds above the red box in the chart, the liquidity indicators go back to the hell they came from, maybe we will call the correction over. If if if...
On a bearish note, INTC has had a funny habit of issuing good news within days of significant market tops, including the biggie in April. See graph below compliments of SentimenTrader.com.
