Intel's trend is down: it broke support below the five-day descending moving average with lower highs and lows, so buying it is unwise. Being a good company and the 50-day at 103 do not justify catching the bottom; holding can mean a 13-14 point loss.

Intel, a good company. Okay, you know , all that stuff they say. Broke support below the five-day descending moving average , lower highs and lows . Why buy a stock where the definition of trend is down?

Wait, let other people lose money on stupid things, you know, like buying stocks on the dip. Wait, you're not getting the bottom. If you're trying to get the bottom, you might think that's it, the 50-day moving average , 103.

It's a good company. I don't care. I'll hold it even if it drops to 100. Oh my god! What do I do now? I'm stuck in this trade and I've lost, you know, 13 Or 14 points. That's the psychology of it.