Intel Corporation Is Ready To Rally Says Market Timer Frank Kollar.

May 22, 2006 (FinancialWire) (By Frank Kollar)

Shares of Intel Corporation (NASDAQ: INTC) have been in freefall since December 2005. The latest bad news came on Friday when Dell Inc (NASDAQ: DELL) decided to use chips by Advanced Micro Devices (NYSE: AMD) in their new high-end servers with multiple processors. Until now, Intel was Dell’s only provider of computer processors.

The financial markets have not been kind to technology stocks these last few weeks, but it may be Intel’s turn to finally move higher.

Intel, which closed Friday at $18.36 a share, is close to a support level that should result in a reversal of some strength. In fact it is a double support level, which results when short-term and long-term support levels coincide.

Frank Kollar has been timing the financial markets since 1982, with online service since 1996. He is a dedicated trend timer and his strategies exited the markets before the crash in 1987 as well as the bear market in 2000 through 2002. During the 2000-2002 bear market, his bearish positions resulted in gains exceeding 100 percent, all achieved by trading trends.

Kollar’s research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is.

Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies.

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