October 2009
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Day October 5, 2009

Yahoo advertise on Times of India

From TechCrunch:

India’s largest English-language newspaper, the Times of India, has an interesting print edition front page today – a huge yellow advertisement for Yahoo’s It’s You campaign first announced last month. You can view the print version here.

The newspaper’s circulation as of 2008 was 3.14 million, making it the largest selling English-language daily newspaper (here’s the whole list). Yahoo already has a large presence in India, reaching 26 million of the 35 million online Indians (according to Comscore, August 2009).

What does the ad mean? Who cares. It’s big and yellow. Yahoo has said it hopes to follow up on the ads by personalizing the Yahoo experience for each user.

Intel Corp (INTC) : Bearish Cross

Last Thursday, Intel had a bearish cross, with Tenkan sen cutting Kijun sen on the Ichimoku Daily Chart.

On Friday close, it seems to be resisting the move downwards. This is further seen on the Weekly Chart.

On the Ichimoku Weekly Chart, we can see that there is strong  support from the kumo at around 18.60 for Intel.

With such a thick kumo support, it is still not a good indication to short it. I see possibility of a range bound play here.

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